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That means it only takes about 5 months to be able to make so much money and reach an increase in volume of USDT up to 94%. Perfect!
I think altcoins traders are more concerned with HodL stable coins than chaotic and worthless altcoins.
Then when the market has given a 30% sign up then they are looking for altcoins that will definitely go up in price and this is my own experience.
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Stablecoin supply tops $11 billion after rising 94% since February
The supply of dollar-collateralized stablecoins has grown by 94% in the past four months of 2020, from $5.7 billion in February to $11 billion in June.
The stablecoin market has added a hefty 94% to its total supply in the last four months, rising from $5.7 billion in February to $11 billion in June.
According to research from The Block, dollar-collateralized stablecoins are experiencing something of a renaissance as demand skyrockets this year. In 2020, the stablecoin market expanded almost twice as much as it did over the last three years.
