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Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt Bitcoin.com 18 Aug 2024

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt 💹

The stablecoin market has seen a significant boost lately. Between August 9 and August 18, 2024, the market expanded by $2.21 billion.

One of the main drivers of this growth was Tether. During this period, Tether increased its supply by an impressive 1.26 billion USDT.

The surge in the stablecoin market highlights its growing importance in the cryptocurrency ecosystem.

Quelle: news.bitcoin.com ↗

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