news.bitcoin.com Open in urlscan Pro
2606:4700::6812:1a82  Public Scan

Form analysis
3 forms found in the DOM

<form>
  <div class="sc-fRrnCe gyhRAa"><label class="sc-eaSaRk eCAprg"><input type="checkbox" name="email_news" class="sc-gNjNSN fCUtIL" checked="">Weekly</label><label class="sc-eaSaRk eCAprg"><input type="checkbox" name="email_africa"
        class="sc-gNjNSN fCUtIL" checked="">Africa</label><label class="sc-eaSaRk eCAprg"><input type="checkbox" name="email_latin" class="sc-gNjNSN fCUtIL" checked="">Latam</label><label class="sc-eaSaRk eCAprg"><input type="checkbox"
        name="email_price" class="sc-gNjNSN fCUtIL" checked="">Price Analysis</label><label class="sc-eaSaRk eCAprg"><input type="checkbox" name="email_games" class="sc-gNjNSN fCUtIL" checked="">Games Newsletter</label></div><input type="submit"
    class="sc-dDdgrT kTVPdn" value="Subscribe now">
</form>

<form>
  <div class="sc-hBDPHk isANSl"><label class="sc-dWESFa hXOVxl"><input type="checkbox" name="email_news" class="sc-xXhep bthgTm" checked="">Weekly</label><label class="sc-dWESFa hXOVxl"><input type="checkbox" name="email_africa"
        class="sc-xXhep bthgTm" checked="">Africa</label><label class="sc-dWESFa hXOVxl"><input type="checkbox" name="email_latin" class="sc-xXhep bthgTm" checked="">Latam</label><label class="sc-dWESFa hXOVxl"><input type="checkbox"
        name="email_price" class="sc-xXhep bthgTm" checked="">Price Analysis</label><label class="sc-dWESFa hXOVxl"><input type="checkbox" name="email_games" class="sc-xXhep bthgTm" checked="">Games Newsletter</label></div><input type="submit"
    class="sc-iitTBb hCbqNq" value="Subscribe now">
</form>

NONE

<form method="none"><input name="email" type="email" placeholder="example@email.com" class="sc-jyyxwF jlsElm" value=""><button type="button" class="sc-gMgKvc eArtZE">Continue with email</button></form>

Text Content

You need to enable JavaScript to run this app.
News
Market UpdatesMarkets and PricesFinanceLearning
InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes
Newsletters

LATEST CRYPTO NEWS IN YOUR INBOX

Subscribe for updates

WeeklyAfricaLatamPrice AnalysisGames Newsletter
Learning Center
Advertise
Advertise With UsSubmit Press ReleasePress Releases

NEWS

Market UpdatesMarkets and PricesFinanceLearning
InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes

ABOUT

NewsBitcoinWalletSpend

DIRECTORY

ATMWalletGamesExchangesLoansOTCCardsTaxPayments

ADVERTISE

Advertise With UsSubmit Press ReleasePress Releases

CRYPTO

BuySellMarketDEX

LATEST CRYPTO NEWS IN YOUR INBOX

Subscribe for updates

WeeklyAfricaLatamPrice AnalysisGames Newsletter
Read in app
 * News Bytes
 * Finance
 * Learning Center
 * Newsletters
 * Advertise

Altcoins

by Jamie Redman

Sep 15, 2024



FIAT-PEGGED CRYPTO MARKET EXPANDS BY $1.39B IN PAST WEEK, LED BY USDT AND USDC




Over the past week, the stablecoin market has expanded by $1.39 billion. Once
again, tether (USDT) took the lead, with its supply increasing by 610 million
USDT during the last seven days.


STABLECOIN MARKET CONTINUES TO CLIMB

Though the pace has slowed, the stablecoin market keeps inching upward every
week. On Sept. 7, the fiat-backed crypto market was valued at $170.80 billion,
and by Sunday, Sept. 15, it had climbed to $172.19 billion. Out of the $1.39
billion increase in the past week, USDT’s supply alone contributed 43.96%.
Meanwhile, Circle’s USDC accounted for 24.46%, or $340 million, of that week’s
growth.

As of now, tether’s market cap sits at $118.79 billion, while USDC comes in
around $35.73 billion. The third-largest stablecoin, DAI, grew by 40 million in
the past week, bringing its market cap to $5.14 billion. On the other hand,
Ethena’s USDE saw a reduction of 20 million USDE, leaving its current valuation
at $2.66 billion. Although FDUSD has expanded by 15.7% over the last 30 days, it
saw no change in the previous week.

Paypal’s PYUSD crossed the $1 billion threshold just 20 days ago but has since
shed 230 million. Over the last week, approximately 62 million PYUSD were
redeemed, leaving Paypal’s stablecoin market at $770 million. USDD and FRAX
experienced minimal movement, standing at $730 million and $647 million,
respectively.



TUSD, with a market cap of $494 million, remained stagnant last week. Rounding
out the top ten dollar-pegged tokens, Blast’s USDB dipped from $411 million to
its current $404 million. The rest of the market’s growth came from smaller-cap
stablecoins like DEUSD and GHO. While tether and USDC lead the charge, smaller
tokens continue to face both challenges and bursts of growth in maintaining
their footing.

What do you think about the $1.39 billion added to the stablecoin economy over
the last seven days? Share your thoughts and opinions about this subject in the
comments section below.



TAGS IN THIS STORY

Circle, cryptocurrency growth, DAI, fiat-pegged crypto, PYUSD, Stablecoin
Market, Tether, USDC, usde, USDT




JAMIE REDMAN

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech
journalist living in Florida. Redman has been an active member of the
cryptocurrency community since 2011. He has a passion for Bitcoin, open-source
code, and decentralized applications. Since September 2015, Redman has written
more than 9,800 articles for Bitcoin.com News about the disruptive protocols
emerging today.



STABLECOIN MARKET ADDS $1B IN SIX DAYS AS MAJOR TOKENS EXPAND

Altcoins | 13 hours ago

'MICROSOFT OF BLOCKCHAINS:' BITWISE DOUBLES DOWN ON ETHEREUM'S FUNDAMENTALS

Altcoins | 1 day ago

Image Credits: Shutterstock, Pixabay, Wiki Commons





PREVIOUS ARTICLE

VC Founders Summit: The Largest Convergence of Investors and Founders Set to
Take Place in Singapore


NEXT ARTICLE

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

Click here to commentComment



Buy crypto
Sell crypto
I want to buy
Bitcoin(BTC)
How much?
USD
GET QUOTE
Automatically select best provider



MORE POPULAR NEWS

‌

‌
‌


‌


‌
‌


‌


‌
‌


‌


‌
‌


‌


‌
‌


‌


‌
‌


‌




LATEST CRYPTO NEWS IN YOUR INBOX

Get the newsletter directly to your inbox

Sign up
Login to Bitcoin.com
Use this account to activate and manage your Bitcoin.com subscription
Continue with email
OR
Continue with AppleContinue with Google

I agree to receive informational and marketing emails from Bitcoin.com and its
partners.
By continuing you agree to our User Agreement, Wallet Service Terms, and Privacy
Policy.



IN CASE YOU MISSED IT

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel
Rewards

Crypto travel booking platform Travala has integrated with Solana, allowing
users to book flights and hotels using Solana-based tokens and earn SOL travel
rewards. Highlighting Solana’s scalability and affordability, the platform aims
to enhance the crypto travel experience and incentivize… read more.


GOVERNMENT OF BHUTAN HOLDS $828M IN BITCOIN, ARKHAM DATA SHOWS


PETER SCHIFF: GOLD SET FOR BEST YEAR SINCE 1979 — 'INVESTORS HAVEN'T NOTICED
BULL MARKET'


ROBERT KIYOSAKI PREDICTS BITCOIN COULD HIT $500K BY 2025, $1M BY 2030


FORMER MONERO DEVELOPER LAUNCHES NEW CRYPTO MINING APP


HAMSTER KOMBAT TAKES SEASON 1 SNAPSHOT, REVEALS POST-AIRDROP DIRECTION


THE 5 MONTH HALVING HANGOVER: BITCOIN MINERS CONTINUE TO FACE REVENUE STRUGGLES 


SPOT BITCOIN AND ETHER ETFS RECORD SECOND DAY OF INFLOWS, LEADING TO GAINS


QCP CAPITAL: CRYPTO RALLY EXTENDS, SUPPORTED BY ETF INFLOWS


NFT SALES CLIMB 7.33%, MYTHOS, BLAST, AND SOLANA LEAD THE CHARGE




CONTINUE IN THE BITCOIN.COM APP

Enjoy a cleaner reading experience with reduced ads.

Read Comfortably in App

JOIN OUR BITCOIN.COM COMMUNITY



Get the latest crypto news in the easiest to use crypto wallet

Download app


BITCOIN GAMING PICKS


BC Game
REVIEWPLAY
300% deposit bonus up to 20,000 USD + No KYC & No Withdrawal Limits
TG.Casino
REVIEWPLAY
200% First Deposit bonus up to 10 Eth!
Playbet.io
REVIEWPLAY
Up to 4 BTC + 800 Free Spins


THE LATEST

 * Fintech Veteran: Crypto Market Growth Not Tied to US Election
   OutcomeINTERVIEW | 27 minutes ago
 * Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel
   RewardsFEATURED | 2 hours ago
 * Government of Bhutan Holds $828M in Bitcoin, Arkham Data ShowsFEATURED | 4
   hours ago
 * Peter Schiff: Gold Set for Best Year Since 1979 — 'Investors Haven't Noticed
   Bull Market'ECONOMICS | 5 hours ago
 * Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030MARKETS
   AND PRICES | 6 hours ago
 * Former Monero Developer Launches New Crypto Mining AppAFRICA | 7 hours ago
 * Hamster Kombat Takes Season 1 Snapshot, Reveals Post-Airdrop DirectionGAMES |
   8 hours ago
 * The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue
   Struggles MINING | 9 hours ago




PRESS RELEASES

GAL ERLICHMAN ANNOUNCES THE LAUNCH OF MARKETING SERVICE PESO.IO

Press release | 2 days ago

ANNOUNCING AVATRADE AS THE NEW BEST FOREX TRADING APP IN EUROPE BY FXEMPIRE

Press release | 2 days ago

ANTIER ROLLS OUT CO-PILOT PROGRAM TO FAST-TRACK WEB3 ENTERPRISE ADOPTION

Press release | 2 days ago

MEME ALLIANCE UNITES MEMECOIN COMMUNITIES IN REVOLUTIONARY WEB3 SHOOTER GAME

Press release | 3 days ago

KOREA BLOCKCHAIN WEEK 2024 SETS NEW BENCHMARKS WITH RECORD ATTENDANCE AND
GROUNDBREAKING WEB3 INNOVATIONS

Press release | 3 days ago

OMNITY AND OSMOSIS PARTNER TO BRING INTERNET COMPUTER TO COSMOS

Press release | 3 days ago



Post your press release to reach news.Bitcoin.com’s global audience!

Submit a Press Release


BITCOIN GAMING PICKS


BC Game
REVIEWPLAY
300% deposit bonus up to 20,000 USD + No KYC & No Withdrawal Limits
TG.Casino
REVIEWPLAY
200% First Deposit bonus up to 10 Eth!
Playbet.io
REVIEWPLAY
Up to 4 BTC + 800 Free Spins

© 2024 Saint Bitts LLC
Bitcoin.com
All rights reserved.
support@bitcoin.com



Company
AboutAdvertiseCareersBlogContactPartnersSupportLegalSitemapMy Privacy Choices
Get Crypto
Buy VerseBuy BitcoinBuy EthereumBuy Bitcoin CashBuy USDTBuy USDCBuy AvalancheBuy
PolygonBitcoin ATMCrypto FaucetsCrypto Tax
Products & Services
NewsLearning CenterWalletVerse DEXList in Wallet & MarketsBitcoin Cash Register
Spend Crypto
V-CardBitcoin DirectorySwap BitcoinSell BitcoinCrypto MerchantsBitcoin
MapBitcoin ATMBitcoin Teller MachineBitcoin ETFEthereum ETF
Crypto Games
GamesBitcoin SlotsBitcoin RouletteBitcoin BlackjackBitcoin DiceBitcoin
GamblingBitcoin PokerBitcoin Live CasinoBitcoin Casino BonusBitcoin Casino Free
SpinsBitcoin Casino
Bitcoin Data
Block ExplorerMarketsTools
Educate
Bitcoin WhitepaperLearning CenterSatoshi's ArchiveNewsletters
Follow
TelegramYouTubeInstagramTwitterFacebookLinkedInTikTokDiscord



Allow notifications to get the latest cryptocurrency news and updates.


AllowCancel