Stablecoin Market Report 2024 In Depth Analysis And Insights

Stablecoin Market Report 2024 In Depth Analysis And Insights Stablecoin market report 2024: in depth analysis and insights. welcome to the monthly stablecoin report, your compass through the dynamic world of stablecoins within the vast crypto market. as of writing, the global crypto market has hit an impressive $1.55 trillion valuation, highlighting the increasing impact of digital assets worldwide. In may 2024 a report issued by visa visa and data platform allium labs documented that 90% of all the stablecoin market is growing with approximately 27.5 million active users, and 2) the.

Stablecoin Market Report 2024 In Depth Analysis And Insights New york, july 26, 2024 prnewswire oak grove ventures' stablecoin market report for mid 2024 offers an in depth analysis of current adoption trends, innovations, and growth potential in the. The april 2024 edition of this report highlighted a remarkable 4.76% increase in the total market capitalization of stablecoins, reaching an impressive $158 billion. this surge marked the seventh consecutive monthly increase, culminating in the highest end of month market cap since may 2022. The market cap for stablecoins has grown considerably in the past six months, increasing from $122 billion in october 2023 to $157 billion in april 2024. among stablecoin providers, tether (usdt. Top stablecoins by market dominance. in the market dominance analysis also, tether and usdc naturally dominate, with 70.24% and 21.6% respectively. dai marks 3.32% dominance, first digital usd and ethena usde display dominance of 2.81% and 1.51% respectively. compared to the previous month, this month.