TheBlock
2020-05-04 10:46:28

Stablecoins, spearheaded by Tether, are at nearly $10B as transaction volume hits all-time highs

Quick TakeThe total stablecoin supply has grown by from $5.68 billion to $9.62 billion in the last couple of monthsTether is still the largest stablecoin by far, currently sitting at more than 84% of the entire stablecoin supplyThe adjusted transaction volume of stablecoins hit an all-time high in March and recorded the second-best month in AprilDai has the highest velocity, followed by BUSD and HUSD. TrueUSD and GUSD have the lowest velocity

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