Stablecoins & CBDCs Report

Report Summary

In March, the total market capitalisation of stablecoins increased by 4.24%, reaching $147 billion as of 15 March. This marks the sixth consecutive month of growth, achieving the highest market capitalisation for stablecoins since September 2022.

In February, stablecoin trading volumes on centralised exchanges (CEXs) grew by 5.14% to $1.09 trillion, the highest level since December 2021.
The trading volume of stablecoins on centralised exchanges rose by 5.17% to $1.09tn in February, marking the highest stablecoin volume on centralised exchanges since December 2021.
The market capitalisation of USDT rose 4.71% to $103.3bn in March. This is the first time a stablecoin has surpassed $100bn in market capitalisation.

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