As Crypto Markets lose Billions in Market Cap , Stablecoin Trading volumes surge over 200%

in #cryptocurrency • 6 years ago

The market capitalization of most cryptocurrencies continues to decline sharply, however, several popular stablecoins experienced a considerable 200% increase in total trading volume during the past 24 hours - according to data from CoinMarketCap.

Specifically, recently launched stablecoins including Circle's (USDC), True USD (TUSD), and DAI have all seen more than a 200% increase in 24-hour trading volume. This, despite a huge sell-off in the larger cryptoasset market.

6 years ago in #cryptocurrency by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.21
    TRX 0.26
    JST 0.040
    BTC 101120.17
    ETH 3683.12
    USDT 1.00
    SBD 3.16