Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors  

On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these centralized competitors. Algorithmic or defi-styled […]

https://news.bitcoin.com/defi-and-algorithmic-stablecoin-demand-grows-in-2021-despite-large-centralized-competitors/