Stablecoins Archives

SOTM Feb 15-21, 2024

AI Excitement Trickles into Crypto | Y-Combinator Adds Stablecoin Finance to Request for Startups | a16z Injects $100M into EigenLayer

February 21, 2024

Tether’s Ascent: Breaking Down the Dominant Stablecoin’s Growth

In this week’s issue of Coin Metrics’ State of the Network, we delve into Tether’s recent all-time highs, exploring its primary avenues

January 23, 2024

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

December 5, 2023

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.

October 10, 2023

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

October 3, 2023

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)

September 6, 2023

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

August 29, 2023

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.

August 15, 2023

Decoding the Digital Dollar

Stablecoins have quickly grown from a nascent segment of the digital assets ecosystem to a $100 billion+ market. Stablecoins already

July 30, 2023

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