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The market for cryptocurrencies linked to fiat currencies expanded by $1.39 billion over the past week, led by USDT and USDC
The stablecoin market has expanded by $1.39 billion in the last week. Taking the lead again was tether (USDT), whose issuance increased by $610 million USDT over the past seven days.
The stablecoin market continues to grow
Although the pace has slowed down, the stablecoin market continues to grow little by little each week. On Sept. 7, the fiat-backed cryptocurrency market was valued at $170.80 billion, and by Sunday, Sept. 15, it had grown to $172.19 billion. Of the $1.39 billion increase over the past week, USDT accounted for 43.96%. Meanwhile, Circle's USDC accounted for 24.46%, or $340 million, of this week's increase. 0 reply
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