đź’¸stablecoin szn is in full forceđź’¸
the top 8 stablecoin issuers' market caps are all up in the last 30 days, with @ethena_labs leading the way - up 33.6% and crossing $12.5bn for the first time
total stablecoin market cap is at $275bn as of 9/3
while still growing mkt cap, @Tether_to market share has declined in the last 30 days - $usdt dominance has been over 60% since march 2023
@circle stablecoin mkt cap has grown an impressive 12.5% in the last 30 days, with $usdc crossing $70bn for the first time ever
in addition to the issuers, the growth has translated to every chain except $tron over the last 30 days
the mkt cap of stablecoins on @ethereum is up 11% in the last 30 days, crossing $155bn, and the mkt share of stables on $eth is up to 56.8%, growing 4.3% in the last month
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