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Stablecoins at ~16% of crypto market cap
- derac 4y agoStablecoins (USDT, USDC, and BUSD) are at ~16% of crypto market cap, up from ~6% at the start of 2021 and ~3% at the start of 2022
- derac 4y agoHere is another useful link for analyzing the relationship between total market cap over time and stablecoin market cap over time. https://btctools.io/stats/market-cap https://btctools.io/stats/market-cap
- verdverm 4y agocase in point why CBDC will likely dominate the "market cap" longterm? "market cap" because we don't think of fiat that way, more as "amount in circulation"