Samuel Minot’s Post

Stablecoin Market Cap increased for the 1st time since May 2022 Liquidity on-chain is increasing as more capital and "Fresh money" is flowing in! Most of this increase is driven by Tether (USDT) as its supply has now reached its all time high of $89 billion.

Tether Dominates 75% of Stablecoin Market, Top 5 Stablecoins Worth Over $150 Billion. Tether (USDT) -> Market cap - $112 billion. -> Market share - Nearly 75% (highest since January 2021). USD Coin (USDC) -> Market cap - $32.2 billion. -> Market share - Declined from 38% (July 2022) to 22%. -> DAI - $5.3 billion. -> TUSD - $503 million. -> BUSD) - $70 million.

HOLD TIGHT! MWR COIN PRICE IS REACHING NEW HEIGHTS #MWRCoin #PriceSurge #CryptoHighs #InvestmentGains #ProfitableMWR #CoinRising #MarketBoom #CryptoInvesting #FinancialGrowth

According to Coinness Market Monitoring, the world's largest dollar-linked stablecoin, Tether (USDT), has experienced a depegging of more than 0.2%. Currently, the dollar-denominated value of USDT is approximately $0.9976 according to CoinMarketCap, indicating a depegging of about 0.24%. It's important to note that Tether has not confirmed any information regarding depegging on its official social media channels or communities.

📈 Stablecoins like Tether USDT and USD Coin aim for a steady price by pegging to assets. They offer stability in the volatile world of cryptocurrencies. https://lnkd.in/gqsSFZJH

USD Coin and Euro Coin stablecoins are now officially named USDC and EURC: Circle https://lnkd.in/gApN8GA4

Just In: Stablecoin Dominance Tumbles Despite Tether (USDT) Notching Record High Market Cap: Report >>> The trading volume of stablecoins rose for the first time since March. https://lnkd.in/diDQ32-T

Tether (USDT) market cap is now approaching $84B, an all-time high and is up 27% YTD. Meanwhile the market cap for other leading stablecoins such as USDC and DAI has been trending down all year (-40% and -18%, respectively). Ultimately, Tether now represents 67% of the total stablecoin market cap. This poses a significant risk for the entire ecosystem. Perhaps now, more than ever, is the time to get serious about both centralized and decentralized stablecoin design and implementation. We're treading a bit too close to the abyss.

Tether.io just launched a new stablecoin called Alloy Tether (aUSDT), which lets you trade gold for digital tokens pegged to the US dollar. Basically, gold meets dollar in a whole new way! Learn more 👇 🔗https://lnkd.in/dbYiHUrJ

🚨Real USD (USDR) stablecoin depegs and price crashes by 50% Real USD turns out to be fake USD 😂