93% Of Entire Market Cap For Stablecoins From USDC, BUSD, USDT
These three stablecoins only had a combined market cap of $19.2 billion, around a third of its current levels.
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These three stablecoins only had a combined market cap of $19.2 billion, around a third of its current levels.
The thread was initiated by a Reddit user, uGroundbreakingLack78, who recalled that in 2010, the first Bitcoin faucet was launched.
In particular, Glassnode proclaimed that these corrections help test the conviction of the traders, as if it was some religious thing.
South Korea officially recognized cryptocurrencies as financial assets, which doesn’t hold the same tax exemption as hobbies do.
It should be noted that Bitcoin had actually managed to overtake Tencent in the past, but that was prior to the current market caps.