Tether and Circle generate $ 664 million in December revenue leaders in the Stablecoin Market
The encryption industry witnessed significant revenues on the series in December, when STABLECOIN exporters took the lion’s share, according to Devilia’s data.
These exporters collectively received more than $ 664 million, representing more than 40 % of the total total revenue of $ 1.5 billion resulting from encryption protocols.
Tether, the USDT Stablecoin, appeared as a large task, where he recorded 532.10 million dollars. Circle, Source USDC, followed by 132.77 million dollars.
Together, these two sources dominate the Stablecoin sector, representing approximately 90 % of the market, which is more than $ 200 billion.
Stablecoins continues to consolidate its role as one of the most practical encryption products. Their prices settle for typical volatility in other digital assets, making them a favorite choice for merchants and a gate to the US dollar in emerging markets.
Market predictions indicate that the Stablecoin market may grow to $ 400 billion by 2025, providing great opportunities in profit that attracted new interior such as Ripple and Bitgo.
