Stable Coins in Crypto: How Do They Affect Bitcoin’s Market Cap?
In the ever-evolving cryptocurrency landscape, stablecoins have emerged as a powerful force, with their market capitalization surpassing $170 billion as of 2024. While Bitcoin maintains its position as the dominant cryptocurrency with a market cap of approximately $600 billion, stablecoins have carved out a crucial niche, representing about 10% of the total crypto market. The […]
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Stable coins in Crypto, Stablecoin Basics, Stablecoin vs traditional cryptocurrency