Stablecoins & CBDCs Report

The latest Stablecoin insights from CCData's award-winning research team, featuring trading volumes, peg deviations and more.

  • January 19, 2024

Report Summary

As of January 16th, we've observed a notable uptick in the stablecoin sector, with the total market capitalization climbing by 2.45% to reach $134 billion—marking the highest point since February 2023 and the fourth month of continuous growth, reflecting the growing positive sentiment in the cryptocurrency market, especially after the US's approval of a spot Bitcoin ETF.

  • In January, the total market capitalisation of stablecoins rose 2.45% to $134bn, recording the highest end-of-month market cap since February 2023. This was the fourth consecutive month of increase. Meanwhile, the market capitalisation dominance of stablecoins fell to 7.78% in January, its lowest market share since December 2021.
  • Stablecoin trading volume rose 27.6% to $995bn in December, recording the highest stablecoins trading volume on CEXs since May 2022. Volumes are on track to record a higher total in January, with $579n traded in volume on CEXs as of the 10th.
Download report
Stablecoins & CBDCs Report
The latest Stablecoin insights from CCData's award-winning research team, featuring trading volumes, peg deviations and more.
  • February 21, 2024
  • Stablecoins Report
Exchange Review
CCData's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
  • February 7, 2024
  • Exchange Review
Digital Asset Management Review
CCData’s Digital Asset Management Review provides an overview of the global digital asset investment product landscape. Our review focuses on key developments across various product types and tracks the adoption of these products by analysing assets under management, trading volumes, price performance and more.
  • January 31, 2024
  • DAMR
Stablecoins & CBDCs Report
The latest Stablecoin insights from CCData's award-winning research team, featuring trading volumes, peg deviations and more.
  • January 19, 2024
  • Stablecoins Report

Stay Up To Date

Get our latest research, reports and event news delivered straight to your inbox.