In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows. While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than USD 14bn, smaller players, such as USD coin (USDC), trueUSD (TUSD), dai (DAI)
In the past three months, during the DeFi (decentralized finance) frenzy, the market capitalization of the five largest stablecoins increased by 52%, to almost USD 16.6bn, data shows. While the most popular stablecoin, tether (USDT), increased its market capitalization by 47%, to more than USD 14bn, smaller players, such as USD coin (USDC), trueUSD (TUSD), dai (DAI)
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