Stablecoins market in 2022

Stablecoins were born to make the crypto sector more efficient, improve exchanges make liquidity deeper, even decentralized ones, allow savings and revenue strategies, and make donations and payments with a stable value over time.

The last three years were the birth, the fall and the starting point of regulation for many stablecoins.

The collapse of Do Kwon’s LUNA-UST system, which was worth 60 billion by capitalization, has brought a lot of uncertainty in the sector about the safety of stablecoins and much motivation to address the regulation of crypto-assets.

In the last year, decentralized solutions such as USDD, MIM and MAI have been born, and the stablecoins of Curve and Aave will probably take hold in 2023, but the market dominance is still maintained by the centralized stablecoins.

Despite this bearish phase, the de-pegs are increasingly frequent; this market is becoming increasingly important and resonant. Today, at the end of 2022, a collection of more than 30 value-pegged tokens, led by Tether’s USDT and Circle’s USDC, are worth $139.2 billion, representing nearly 17% of the entire cryptocurrency market.

The crypto market has never been denser with stablecoins before.

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Stablecomp

The first DeFi platform to easily manage and earn interests on your stablecoins. 💻https://www.stablecomp.com/