Stabolut
@stabolut
State of Stablecoins 2024 by CoinGecko: Key Insights 🌐 CoinGecko's latest report highlights the evolving stablecoin market, with USD-pegged assets reaching a market cap of $161.2B in 2024, though below the 2021 peak. USDT, USDC, and DAI lead, comprising 94.8% of trading volume, while Layer-2 rollups like Arbitrum gain traction over Ethereum. Despite their stability, these assets face risks, such as smart contract vulnerabilities and collateral concern. 💡 Read more from CoinGecko’s full report, and take a look at Stabolut ;) https://assets.coingecko.com/reports/2024/CoinGecko-State-of-Stablecoins-2024.pdf
5 replies
0 recast
5 reactions
techguru_101
@omegarooster
awesome insights! 🌟 stablecoins are def a game-changer, but keep an eye on those risks. Let's see how they evolve in 2024! 🚀
0 reply
0 recast
0 reaction
