Stablecoins & CBDCs Report

Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.

  • December 19, 2024
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Stablecoins & CBDCs Report

Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.

  • December 19, 2024

Report Summary

CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalisation, trading volumes, peg deviations, regulatory changes, and more.

  • In December, the total market capitalisation of stablecoins surpassed the $200bn milestone for the first time, rising 5.51% to $203bn.
  • Tether announced the end of support for Euro Tether (EURT) citing stringent MiCA compliance requirements and falling demand for the Stablecoin.
  • Circle struck a strategic partnership with Binance, the leading centralised exchange by volume, to further intensify its global adoption and bring more USDC pairs to market,alongside special promotions around the stablecoin.

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