Stablecoins are moving again.
Equities remain close to record territory, but rates are doing more of the talking. The S&P 500 remains below its August peak, while the 10-year Treasury yield briefly pushed above 5% for the first time since 2023 ahead of this week’s Fed decision.
Onchain activity is picking up speed.
As of September 15, stablecoin market cap reached $305.19B, up 2.49% from 30 days earlier. Monthly transfer volume jumped 28.04% to $7.42T. Monthly active addresses increased 3.16% to 54.17M, while holder addresses climbed 3.41% to 288.87M, according RWAxyz
TradFi is watching rates.
Equities remain close to record territory, but rates are doing more of the talking. The S&P 500 remains below its August peak, while the 10-year Treasury yield briefly pushed above 5% for the first time since 2023 ahead of this week’s Fed decision.
Onchain activity is picking up speed.
As of September 15, stablecoin market cap reached $305.19B, up 2.49% from 30 days earlier. Monthly transfer volume jumped 28.04% to $7.42T. Monthly active addresses increased 3.16% to 54.17M, while holder addresses climbed 3.41% to 288.87M, according RWAxyz
TradFi is watching rates.
