Name: Total Supply of USD-Pegged Stablecoins Hit $128B: Glassnode
Uploaded: 2024-02-23T17:54:15.000Z
Duration: 59 s
Description: A Glassnode report shows that the stablecoin sector has seen significant increases in fiat inflows, with the total supply of USD-pegged tokens reaching $128.5 billion. The report notes that the spike is predominantly fueled by USDT, which has a 74.3% market share. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CD20$2,019.282.48%BTC$73,676.880.89%ETH$2,018.441.10%XRP$1.342.92%SOL$82.401.35%

Total Supply of USD-Pegged Stablecoins Hit $128B: Glassnode | CoinDesk Videos

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CD20$2,019.282.48%BTC$73,676.880.89%ETH$2,018.441.10%XRP$1.342.92%SOL$82.401.35%

Total Supply of USD-Pegged Stablecoins Hit $128B: Glassnode | CoinDesk Videos