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Stablecoins Surpass $20 Billion in Market Cap as Demand Keeps Rising

Stablecoins Surpass $20 Billion in Market Cap as Demand Keeps Rising

The total value of stablecoins in the cryptocurrency space is now above $20 billion as demand for cryptocurrencies pegged 1:1 with national fiat currencies – mainly the U.S. dollar – keeps on growing. According to data from Coin Metrics, the total value of stablecoins surpassed $20 billion this Thursday, September 24, little over four months after surpassing $10 billion back in May.







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