A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels.
Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives.
The total market valuation of all the stablecoin tokens in existence has crossed the $20 billion mark. Interestingly, this was the market sum of all cryptocurrencies in February 2017.
The post Stablecoin Market Cap Reaches $20 Billion: Same as...
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