Stablecoin After The Crisis

Total value locked in Stablecoins during the crypto winter

Despite the severe drop on the crypto markets, the stablecoin market is resisting quite well, experiencing some downtrun after the Terra/Luna crisis but remaining now on a plateau, even slightly increasing.

Another amazing fact is the daily turnover: for some coins it is almost equal to the TVL

Stablecoin TVL as of 24.11.2020 - source Coinmetrics.com

Stablecoin ranking as of 24.11.2020 - source Coinmarketcap.com