PANews, August 21, news from Milk Road data, the stablecoin USD1 has surpassed a market capitalization of 2.2 billion USD in less than 90 days, with a daily volume reaching 500 million USD, making it one of the top five stablecoin issuers globally. In comparison, USDC and USDT took 3 years each to reach this market capitalization, but the market size was smaller at that time.
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USD1 ranks among the top five stablecoin issuers, with a market capitalization of 2.2 billion USD.
PANews, August 21, news from Milk Road data, the stablecoin USD1 has surpassed a market capitalization of 2.2 billion USD in less than 90 days, with a daily volume reaching 500 million USD, making it one of the top five stablecoin issuers globally. In comparison, USDC and USDT took 3 years each to reach this market capitalization, but the market size was smaller at that time.