Stablecoin Supply Growth Isn’t Eating Into Crypto Market Share: JPMorgan

Stablecoin supply has been growing in U.S. dollar terms, but the expansion doesn’t mean it’s taking over crypto market share; rather, it is mainly an indication of the increase in total digital asset market cap, JPMorgan (JPM) said in a research report on Wednesday.

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Cryptocurrencies: 14,883
Markets: 1,135
Marketcap: $ 2.42 T
24h Vol: $ 103.57 B
BTC Dominance: 55.16%