State of Stablecoins: Signs of Returning Liquidity
The supply of Tether (USDT) nears $90B, an all-time high Stablecoin supply utilization on DeFi increases Tether on Tron continues [...]
Circle’s Silver Lining: Unpacking USDC’s Supply Drop in an Era of Rising Rates
In this issue of State of the Network, we set out to analyze USDC's supply loss and its impact on Circle. [...]
State of the Network’s Q3 2023 Wrap-Up
In this special edition of State of the Network, we take a data-driven look at the most important events that impacted [...]
Evaluating the Market Quality of DeFi Collateral
In this issue of State of the Network, we use a combination of Coin Metrics’ Network Data (DeFi Balance Sheets) [...]
Exploring Common Ownership Patterns Across Major Stablecoins on Ethereum
In this issue of State of the Network, we explore common ownership patterns across major stablecoins on Ethereum using on-chain data [...]
From East to West: the Global Pulse of Stablecoin Transactions
In this report, we share a new data-driven approach to estimate the geographical preference around stablecoins.
Decoding the Digital Dollar
Stablecoins have quickly grown from a nascent segment of the digital assets ecosystem to a $100 billion+ market. Stablecoins already [...]
Decoding the Digital Dollar (Preview)
Last week, the U.S. House Committee on Financial Services convened to discuss proposed legislation, including H.R. 4766, or the "Clarity for [...]
Maker’s Dai Dilemma
Maker is one of the oldest DeFi protocols and the creator of Dai—the largest crypto-backed stablecoin by market capitalization ($4.7 [...]