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Market Capitalization For Ethereum-Based Stablecoins' Has Nearly Doubled Year-To-Date

Janelle Fox

Summary: The aggregate market capitalization of Ethereum-based stablecoins has nearly doubled year-to-date to $6.25 billion, according to an article from The Block. The 95.38% increase in aggregate market capitalization most likely stems from a combination of recent market volatility and the inflation of foreign currencies against the U.S. dollar. By Janelle Fox

The aggregate market capitalization of Ethereum-based stablecoins has nearly doubled year-to-date to $6.25 billion, according to an article from The Block.

The 95.38% increase in aggregate market capitalization most likely stems from a combination of recent market volatility and the inflation of foreign currencies against the U.S. dollar.

By Janelle Fox

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