$39 billion of Tether changed hands in the past 24 hours, roughly double bitcoin's volume.
📊 By the numbers (CoinGecko)
• $USDT market cap: about $184.1B, 24h volume about $39.3B
• $USDC market cap: about $72.9B, 24h volume about $11.2B
• Bitcoin 24h volume, for comparison: about $19.1B
• Both stablecoins held within a tenth of a cent of $1
🎯 Levels to watch
Rising stablecoin supply usually means fresh dollars waiting on the sidelines. If supply keeps growing while ETFs see outflows, it may signal demand is moving through exchanges instead. A shrinking supply would point to money leaving crypto altogether.
Which stablecoin do you use most, and why?
#Stablecoins #Tether
📊 By the numbers (CoinGecko)
• $USDT market cap: about $184.1B, 24h volume about $39.3B
• $USDC market cap: about $72.9B, 24h volume about $11.2B
• Bitcoin 24h volume, for comparison: about $19.1B
• Both stablecoins held within a tenth of a cent of $1
🎯 Levels to watch
Rising stablecoin supply usually means fresh dollars waiting on the sidelines. If supply keeps growing while ETFs see outflows, it may signal demand is moving through exchanges instead. A shrinking supply would point to money leaving crypto altogether.
Which stablecoin do you use most, and why?
#Stablecoins #Tether