TrueUSD (TUSD) circulation will increase by more than 400% in 2023

Bitget App

Trade smarter

Cointime2024/02/05 14:07

By:Cointime

According to CoinGecko's latest research report, TrueUSD (TUSD) is the first stablecoin anchored to the US dollar and verified in real-time on the blockchain by an independent institution. In the past year, TUSD has seen exponential growth in assets under management (AUM), circulating supply of stablecoins, industrial adoption, and technological development. Its circulation is expected to increase by over 400% by 2023. As the fourth largest stablecoin, TUSD has a stablecoin issuance value of over $3.3 billion, second only to USDT, USDC, and DAI.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: According to reports, the UK economy nearly ground to a halt in Q3 as the services sector slowed down. The 0.1% economic growth in Q3 was below the 0.2% growth projected by economists and the previously recorded 0.5% growth in Q2. The data comes less than a month after chancellor Rachel Reeves increased borrowing and taxes in the budget.

Cryptopolitan•2024/11/15 18:11

CME Bitcoin Friday Futures experience notable increase in institutional demand

CME’s Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest, reflecting growing demand for exposure to the digital asset market.Since their launch in late September, over 380,000 CME Bitcoin Friday Futures contracts have traded, reaching a daily average volume of 12,400 contracts.

The Block•2024/11/15 16:45

Ethereum ETFs record highest weekly trading volume since launch

This past week, Ethereum ETFs recorded over $1.63 billion of trading volume, up over 44% from the previous week.The following is an excerpt from The Block’s Data and Insights newsletter.

The Block•2024/11/15 16:45