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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

CoinDesk LogoCoinDesk13h ago

Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto - CoinDesk

Quick Summary:

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

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Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Krisztian Sandor

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 19:16:23 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

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

Copyright Owner: © CoinDesk

News ID: 23558643

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 19 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto" was covered 13 hours ago by CoinDesk, a news publisher based in United States.

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  • URL: https://beamstart.com/news/stablecoin-supply-expands-by-5b-17314396545476

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