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Stablecoin market hits all-time high for AUM
The crypto market cap has been largely sideways this month, with Bitcoin (BTC), Ether (ETH), and stablecoins accounting for more than 75% of the entire $2 trillion market. As conditions turn bullish, many investors tend to move into mid- and low-cap altcoins in an effort to boost returns. Cryptocurrency observations with thanks to the team at CKC Fund. On a yearly basis, the crypto market cap has doubled since January 2024. Experiencing rapid growth in 2024, the US tokenized treasuries market recently surpassed the $2 billion mark — signalling a growing shift to tokenized treasuries over their traditional ... (full story)
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From theedgemalaysia.com|Sep 12, 2024Payments in Singapore using stablecoins reached a record high of almost US$1 billion (RM4.33 billion) in the second quarter, led by transactions at merchant outlets, according to ...
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- Posted: Sep 12, 2024 12:55am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 107
