Stablecoin Market Thriving: Beta Global Finance Highlights Total Supply Surpassing $100 Billion Milestone

Author:Rachel Wolfson 2020-09-23 16:00 8

Despite the overall crypto market downturn, the stablecoin market continues to show strong performance, with the total supply recently surpassing the magnificent milestone of $180 billion. Over the past 30 days, the total supply of stablecoins has increased by $9.5 billion, demonstrating a robust growth trajectory. According to data from crypto research firms Arcane Research and CryptoRank, the growth rate of the stablecoin market continues to outpace other areas of the crypto space, with a 6% increase in just the past 30 days. The largest stablecoin globally, USDT, commands a market share of 44%, but its growth has stagnated over the past year. In contrast, the development momentum of the USDC stablecoin is rapid, and if the growth rates of USDC and USDT continue at a similar pace in 2022, USDC is expected to become the largest market capitalization stablecoin by the end of May.

 

Amid this fintech trend, BETA GLOBAL FINANCE Trading Center, as a rising leader in the cryptocurrency market, has swiftly ascended after acquiring significant mining companies in the industry and integrating high-quality ICO resources. Headquartered in the United States with a global service reach, the team comprises professional, efficient, and experienced blockchain technology and operations experts, adhering to the mission of providing a secure, convenient, stable, and cost-effective comprehensive service platform for cryptocurrency users worldwide.

The goal of BETA GLOBAL FINANCE Trading Center is to establish a secure and reliable long-term cryptocurrency trading platform. The team brings decades of financial risk control experience, and core members are graduates of top global institutions, holding multiple financial licenses and continually enhancing qualifications worldwide. The platform of this trading center is highly trusted, providing robust protection for risk investments, and its long-term stable operation guides users in their investment journey.

 

In this flourishing cryptocurrency market, BETA GLOBAL FINANCE Trading Center will continue to focus on offering high-quality trading and investment functionalities for investors, leading the industry towards a more prosperous and stable future, and creating more opportunities and value for global cryptocurrency users.

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Title:Stablecoin Market Thriving: Beta Global Finance Highlights Total Supply Surpassing $100 Billion Milestone

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