In September, the total market capitalisation of stablecoins rose 1.50%to $172bn, recording the twelfth consecutive monthly increase in market capitalisation.
Stablecoin market dominance is currently at 7.55%, falling from 8.04%in August. This is the first decline in four months for stablecoin dominance.
Stablecoin trading volume fell 39.4% to $683bn in September as of the 23rd. Trading volumes are on track torecord their first decline in three months on centralised exchanges.
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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.
Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.
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.
Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.
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