Total stablecoin supply hits $180 billion
According to data compiled by Crypto Rank, despite the current volatile environment, the stablecoin supply has grown by $9.5 billion over the past 30 days, reaching the milestone amount of $180 billion in Feb 2022.
Over February, three stablecoins entered the top 10 coins by market capitalization, including Tether (USDT), USD Coin (USDC), and BUSD. These three stablecoins account for a total of 9% of the total crypto market cap.