PANews reported on November 3 that according to News.bitcoin, stablecoins grew slightly in October, with the market slightly rising from $172.337 billion to $172.892 billion, a month-on-month increase of 0.32%. The leading existence is Tether (USDT), with a market value of $120.522 billion, equivalent to 69.71% of the total value of stablecoins, and the supply of USDT increased by 0.7% month-on-month. USDC, which is in second place, has a market value of $34.629 billion, a month-on-month decrease of 1.9%. DAI experienced a 2.9% decline in October, with a market value of $4.887 billion. Ethena's USDE ranked fourth, with a market value of approximately $2.755 billion, up 8.7% month-on-month. At the same time, the fifth largest stablecoin FDUSD fell 10.78% month-on-month, with a market value of approximately $2.156 billion.
Stablecoin market grew by $555 million in October, with Tether (USDT) accounting for 69.71% of total market capitalization
- 2024-11-03
Cosmos developers sold 3,500 ETH 8 hours ago, about $8.72 million
- 2024-11-03
A certain address sold 19.1 million Pnuts too early and at a loss, missing out on about $1.6 million in profits
- 2024-11-03
WonderFi CEO: US and Canadian interest rate cuts and the US election will continue to drive Bitcoin higher in the next 6-24 months
- 2024-11-03
Web3 and crypto security incidents led to $147 million in losses in October
- 2024-11-03
CryptoQuant founder: Stablecoin supply alone is not enough to drive Bitcoin market development
- 2024-11-03
Saylor falls for fake Trump news, Kraken restructures, and more: Hodler’s Digest, Oct. 27 – Nov. 2