The total market capitalization of stablecoins exceeds 10 billion USD, and the pricing benchmark is quietly changing.

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Recent data shows that the total market capitalization of stablecoins has surpassed $10 billion, with a rise of over 70% in just two months. This significant rise is mainly due to cryptocurrency traders increasingly preferring to use stablecoins pegged to the US dollar, rather than Bitcoin, for trading other crypto assets.

In the stablecoin market, a well-known stablecoin occupies nearly 90% of the market share, becoming the dominant force. The trading activity of this stablecoin is mainly concentrated on two major trading platforms.

It is worth noting that the pricing trends in the Crypto Assets market are changing. Over the past two years, traders have gradually shifted from using Bitcoin or Ethereum as a pricing benchmark for other tokens to adopting stablecoins more frequently.

Industry experts point out that compared to using Bitcoin as a quoted currency, the main advantage of stablecoins lies in their price stability. This stability makes traders feel safer and more reliable when holding and using stablecoins as a trading liquidity tool.

This trend reflects the maturity and evolution of the Crypto Assets market, and highlights the increasingly important role of stablecoins in the digital asset ecosystem. As the market continues to evolve, the influence of stablecoins may further expand, providing traders with more options and flexibility.

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MysteriousZhangvip
· 07-26 12:49
Stability is the greatest speculation.
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ChainWallflowervip
· 07-26 11:00
Stablecoin bull is amazing, get carried away.
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gas_fee_traumavip
· 07-25 14:13
So essentially it still depends on the BTC market.
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DeFiChefvip
· 07-23 16:48
Big pump bull wow~ it's just that the USDT market is too unique.
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OptionWhisperervip
· 07-23 16:47
Eventually replace Bitcoin?
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MEVHunterWangvip
· 07-23 16:44
I'm all in no matter what.
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BearHuggervip
· 07-23 16:36
They say Bitcoin is the true path.
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ForkThisDAOvip
· 07-23 16:22
Stop bragging about usdt, just one misstep and it will explode.
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RektHuntervip
· 07-23 16:20
bullish USDT
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