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The market cap of Tether stands at $110.86 billion, reflecting the substantial growth of the market. This growing reliance on stablecoins, despite their primary use in trading, signals potential broader acceptance and integration into mainstream financial systems in the future.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
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Source: FXStreetNews - 🏆 14. / 72 Read more »
Ethereum Filtered On-chain Volume of StablecoinsStablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Stablecoins may be pegged to a currency like the U.S. dollar. The filtered on-chain volume of stablecoins shows the summed USD value of all transfers on the Ethereum blockchain, grouped by token, excluding flash loan transactions.
Source: TheBlock__ - 🏆 464. / 53 Read more »