USD1 has rapidly ascended to become one of the top five stablecoin issuers, achieving a market capitalization of $2.2 billion in less than 90 days. The stablecoin's daily trading volume has reached $500 million, according to Milk Road data. This swift growth contrasts with USDC and USDT, which each took three years to reach a similar market cap, albeit in a smaller market environment.
USD1 Stablecoin Reaches $2.2 Billion Market Cap in Under 90 Days
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