Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments – Altcoins Bitcoin News

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Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months.

Much has changed in the past three months following the collapse of FTX and its aftermath. The stablecoin economy has experienced significant redemptions, and 30-dayfrom February 14, 2023, show that three of the top five stablecoins have seen a decline in their market capitalizations. The affected stablecoins are usd coin , binance usd , and DAI. While

experienced significant redemptions after the announcement that Paxos would no longer mint the stablecoin, USDC saw the largest decline, losing 6.2% in the last month. decreased by 4.5% in the last 30 days, and DAI had a slight decrease of 0.1%.

 

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Tether is a great choice!

Bitcoin alone will make ppl have more freedom

I'm confused. Does anybody know the M2 of stablecoins? M3? How about the M2 or M3 of BITCOIN? Anyone?

It's all about Bitcoin, Ethereum, TRON & Tether

Tether USDT👀 Paxos BUSD👀

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