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Cryptocurrency ages:

#BTC : 13 years old
#ETH: 6 years old
#BNB : 4 years old
#USDT: 7 years old
#SOL: 2 years old
#DOT: 1.5 years old
#XRP: 9 years old
#ADA: 4 years old
Stablecoins are cryptocurrencies whose value is pegged to another cryptocurrency, fiat currency, or exchange-traded commodities.

The majority of stablecoins are backed by fiat currency reserves held by the stablecoin's issuer, although other stablecoins are backed by cryptocurrency reserves

The Stablecoins sector has a market cap of $ 185.74 billion, accounting for 9.98% of the entire cryptocurrency market size.



#Stablecoins #Crypto #USDT #USDC #BUSD
“The Age of Cryptos”

#BTC - 13 years⁠
#XRP - 9 years
#USDT - 7 years
#DOGE - 7 years
#ETH - 6 years
#BNB - 4 years
#ADA - 4 years
#LUNA - 3 years
Stablecoins are a less volatile alternative to typical cryptocurrencies.

Given their price stability, stablecoins help relieve some of the volatility that comes with investing in cryptocurrency

The overall 24-hour volume of all stable coins is now $224.01 billion dollars, accounting for 97.82 percent of the total crypto market volume.

Here are the top stablecoins to choose from in the Marketcap.

Tether is the largest valuable stable coin by market capitalization, accounting for about 44% of the whole $170 billion stablecoin markets.

Followed by the rest!!



#Stablecoins #USDT #USDC #UST
“Tap to Pay” Bitcoin with a Bolt card in El Salvador!

CoinCorner plans to install #NFC card readers throughout El Salvador in order to create a smooth retail BTC experience.

The implementation of tap-to-pay card payment will allow for a more smooth #BTC user experience in the nation, which the organization expects would increase #bitcoin adoption.

#USDT will also be available on the platform for El Salvador users, as well as full functionality for The Bolt Card.”
Tether Blacklists the #FTX Hacker Who Allegedly Moved $30 Million in #USDT.
🔹 Guarda Wallet is the leading #decentralized multi-platform #crypto wallet that supports 50+ major #blockchains, 400k+ tokens, and dozens of stablecoins.

🔹 Do you know? With Guarda wallet #crypto transactions are even easier to remember and convey, more like an Instagram or Twitter handle, or your email address with HRA (Human-Readable Addresses) including Unstoppable Domains, FIO Protocol, & ENS.

🔹 Downloaded by nearly 100k+ users on #google play itself.

🔹 The wallet comes with multiple offerings including #GRD (a native token of Guarda) trade & exchange cryptos, stake up to 15 cryptos, Create your own #ERC-20 token, get loans in #USDT or #USDC #stablecoins, and #cold storage with the Ledger wallet.

🔹 Guarda’s major partnerships include Spookies NFT, Ledger, CoinSwitch Kuber, STASIS, and more.

🔹 Read More: https://www.linkedin.com/feed/update/urn:li:activity:7003354123404292096
#Bitcoin and #Ethereum reserves in exchanges have reached a 4-year low while #USDT supply on exchanges surges high!
FTX-Phobia does not appear to have eased yet as Tether reserves swell up.
Put your math skills to the test with our #crypto puzzle.



#Bitcoin #Ethereum #USDT
The market cap of #stablecoins is ~$130B, making up 8.24% of the total #crypto market. Leading the pack: Tether (#USDT) with a massive $91.04B market cap, USD Coin (#USDC) at $24.87B, and Dai (#DAI) at $5.35B.

Resilient against #market volatility, stablecoins have maintained their pegs amidst increased regulatory scrutiny and a shift towards #decentralized models.

These top stablecoins dominate the market by share, highlighting their significant role in the #cryptocurrency world.
Our 2023 Stablecoin Report explores stability and innovation, highlighting the pivotal role of stablecoins in the digital finance landscape.

Tether (USDT) stands out, leading stablecoins with an $89.674 billion market cap, demonstrating stability in a volatile market. Other stablecoins, including BUSD, USDC, and DAI, contribute to a diverse market alongside Tether.

The report delves into the performance of stablecoins, showcasing their resilience amid cryptocurrency market volatility and their crucial role in connecting digital and fiat currencies.

#cryptocurrency #Stablecoins #Crypto #Tether #USDT

https://coinpedia.org/research-report/stablecoin-performace-research-report/