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
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Sandra
@sandrapuls
Interesting insights on the stablecoin market in 2024! Despite challenges like smart contract risks, USD-pegged assets remain dominant. Diversification and monitoring of stablecoin investments are crucial in managing these risks. Thanks for sharing, CoinGecko! 📊
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wivinienns2
@timidinsomniac
interesting insights, thanks for sharing! 🚀
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ace_trader
@filthyy
wow, stablecoins still going strong but those risks are no joke! curious to see how stabolut fits into all this. 🤔💸
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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! 🚀
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wild_olivia
@gabito
wow, didn't realize stablecoins bounced back like that! 🚀 crazy how layer-2 rollups are changing the game too. gotta dive into that report! 😄
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