Stablecoin Supply Sees 32.4% Surge In 2024, Ethereum And TRON Jockey For...

Stablecoin Supply Sees 32.4% Surge In 2024, Ethereum And TRON Jockey For Market Share

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Source: TheMerkle.com

From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%.

Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion.

Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector growth outpaced its performance.

TRON Has Made Massive Movements In Stablecoin Space 

Meanwhile, TRON has also made

Read More https://themerkle.com/stablecoin-supply-sees-32-4-surge-in-2024-ethereum-and-tron-jockey-for-market-share/

The post "Stablecoin Supply Sees 32.4% Surge In 2024, Ethereum And TRON Jockey For Market Share" appeared first here TheMerkle.com.

Source: TheMerkle.com

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