Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Quick Summary:

Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days.

Over the past week, the stablecoin market has expanded by $1.39 billion.

Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week.On Sept.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Usde PYUSD USDC DAI USDT Cryptocurrency growth Circle Stablecoin Market Altcoins Tether Fiat-pegged crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-15 @ 17:25:52 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 6 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 22517802

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 15 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

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