Imakethe ye-stablecoin isiluleme kakhulu ekwehleni kwayo eminyakeni emibili edlule ngenxa yemakethe yamabhere, iqopha amanani amakhulu nemisebenzi kusukela ngo-Okthoba 2023.

Ngokombiko othile Tweet by crypto market intelligence platform IntoTheBlock, the stablecoin market capitalization is currently at $160 billion, and it is steadily aiming for the all-time high of $188 billion recorded during the peak of the last bull cycle.

I-Stablecoin Market Cap iyalulama

I-IntoTheBlock ibheka ukukhula kwemakethe ye-stablecoin njengento eqhubekayo, futhi ngenxa yalokho, isekela ukusimama kwesimiso sezemvelo sezezimali. I-Stablecoins idlala indima enkulu kwezezimali ekwabelaneni abantu abaningi ngoba iwumgogodla wama-blockchain amaningi kanye nezivumelwano.

Inkundla yezobunhloli bemakethe ithe imakethe ye-stablecoin ephezulu ijulisa uketshezi ngaphakathi kwesikhala se-crypto, yenze imisebenzi yemakethe esebenza kahle. I-Stablecoins iphinde isekele ukungena kwemali emisha emakethe ye-crypto ngoba abatshalizimali bayisebenzisa njengendawo yokungena yezimali ze-fiat. Eqinisweni, ukukhuphuka kwemakethe ye-stablecoin kubonisa ukungena kwemali emakethe, okuvame ukwenzeka phakathi nemibuthano kanye nezinkathi zezinkunzi.

Imboni ye-United States spot Bitcoin exchange-traded funds (ETFs) ibambe iqhaza elikhulu ekukhuphukeni kwemakethe ye-stablecoin kulo nyaka. Abatshalizimali bezikhungo kanye nezikhondlakhondla zezezimali zendabuko bakhuphule ukubamba kwabo kwe-stablecoin ukuze bangene ku-ETF.

I-Tether Igcina Ukubusa

Zooming into the stablecoin space, several assets have recorded significant growth separately. Tether (USDT), which has the largest market share and is considered the king of stablecoins, now has a market cap of more than $100 billion, a feat the asset izuzwe ekuqaleni kukaMashi.

Imbangi eseduze kaTether, Umbuthano (i-USDC), ilandela isamba semakethe esingu-$33.9 billion. Ngokuphawulekayo, isabelo semakethe se-USDC sehle ngonyaka odlule ngemva kokuba umkhiqizi we-stablecoin, Circle, ememezele ukuthi ithintekile yinkinga yasebhange yase-US ngaleso sikhathi.

Crypto firms have also recently introduced new stablecoins into the market. Ethena’s synthetic dollar, USDe, was launched in March and has ihlolwe a market cap of $2.3 billion since then. Online payments giant PayPal umkhankaso PYUSD in August 2023, and the stablecoin now has a market cap of more than $202 million. Crypto solutions provider Ripple kumemezela earlier this month that it would launch its stablecoin later this year.