Will there be a need for stablecoins, once CBDCs are out

Stablecoins are hotter than ever, with Tether’s trade volume surpassing Bitcoin’s by 55% in the past 24 hours. Led by surges in the USDC and USDT, the total number of stablecoin daily active addresses has topped 265K.  The above chart by Coinmetrics is smoothed using a 7-day rolling average. Total active addresses for Tether hit […] The post Will there be a need for stablecoins, once CBDCs are out appeared first on AMBCrypto.

Will there be a need for stablecoins, once CBDCs are out

Stablecoins are hotter than ever, with Tether’s trade volume surpassing Bitcoin’s by 55% in the past 24 hours. Led by surges in the USDC and USDT, the total number of stablecoin daily active addresses has topped 265K.  The above chart by Coinmetrics is smoothed using a 7-day rolling average. Total active addresses for Tether hit […]

The post Will there be a need for stablecoins, once CBDCs are out appeared first on AMBCrypto.