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Stablecoin News: Gold Tokens Hit $1.4B Record Market Cap as Trading Volumes Soar

Summary by Coin Desk

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.

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Stablecoin News: Gold Tokens Hit $1.4B Record Market Cap as Trading Volumes Soar

The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.

4 days ago·Manila, Philippines

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The Defiant

Tokenized Treasuries Surge, Yet Remain a Small Fraction of Stablecoin Market

Tokenized U.S. Treasuries have experienced significant growth over the past year but still account for only a small portion of the stablecoin market, suggesting there is untapped potential for further expansion.Tokenized Treasuries have surged over 500% year-over-year (YoY), rising from $800 million to approximately $5.2 billion, data platform RWA.xyz shows. This is driven by increasing demand for blockchain-based real-world assets (RWAs), accor…

3 days ago

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Bitcoin World

Explosive Growth: Tokenized Gold Market Cap Rockets to a Record $1.4 Billion

Hold onto your hats, crypto enthusiasts! The world of tokenized assets just witnessed a monumental surge. Buckle up as we dive into the electrifying news: the tokenized gold market cap has just smashed through all previous records, reaching an astounding $1.4 billion in March! This landmark achievement signals a growing appetite for digital representations of precious metals and underscores the increasing maturity of the cryptocurrency space. Le…

3 days ago

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Gold-Backed Tokens and Stablecoins Surge as Demand Rises

The tokenized gold market reached $1.4 billion in March. Stablecoin market value surpassed $231 billion, indicating sustained growth. Continue Reading: Gold-Backed Tokens and Stablecoins Surge as Demand Rises The post Gold-Backed Tokens and Stablecoins Surge as Demand Rises appeared first on COINTUR...

4 days ago

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