The total supply of interest-bearing stablecoins has reached a record high of over $20 billion, marking a 33% increase in the past two months, according to data from Stablewatch. This surge from $15 billion to $20 billion highlights the growing demand for these financial instruments.
Among the fastest-growing interest-bearing stablecoin projects are Reservoir’s srUSD, which saw a 61.4% increase, USDai’s sUSDai with a 50.8% rise, and StreamDefi’s xUSD, up by 49.8%. These projects have contributed significantly to the overall growth in the sector, reflecting increased investor interest in yield-generating stablecoin options.
Interest-Bearing Stablecoins Surpass $20 Billion, Marking Record High
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