Stablecoin FRAX Grew More Than 36% Last Month
Meanwhile, out of the top five stablecoins by market cap, the third-largest USD-pegged token, BUSD, saw its capitalization increase by 12.7% to $16.2 billion this month. Terra’s stablecoin UST increased by 9.8% to $11.3 billion in 30 days. Makerdao’s DAI saw its $9.2 billion market capitalization increase by 1.1% this past month. The Avalanche-based magic internet money saw its $2.8 billion valuation slide 37.2% lower than it was last month. The seventh, eighth, and ninth-largest stablecoin markets saw their market caps rise.
The seventh-largest USD-pegged coin frax has a market capitalization of $2.6 billion which has increased 36.2% during the last month. Trueusd’s cap spiked 17.7%, and pax dollar rose by 3.3% over the last 30 days. The tenth-largest stablecoin, fei usd , has decreased by 26.3% this past month. Both FRAX and USDC saw the largest increases last month.
I would like to recommend you a cool zyx__network project - a decentralized PoS-cryptocurrency with a payment function in a fast-growing ecosystem, provided by the economic motives of the participants.
📢Calling all Eth lovers. POCHI INU is here. Made by the team who pumped INUYASHA CLIFF Metaverse and NFT? X1000🤑 pochiinu_io Peyoteone teadrinker000 Boudachh DanielRegister pochiinu x100 POCHI NFT ETH METAVERSE
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Cointelegraph - 🏆 562. / 51 Read more »