Rising stablecoin supply shows an influx of capital into the crypto market
The four stablecoin giants (USDT, USDC, BUSD, and DAI) saw their aggregate market cap grow from $131.232 billion to $132.472 billion between Feb. 13 and Feb. 18, showing a growing demand.
In addition, there was a 3.475% increase in the supply of the top four stablecoins over the past 30 days.