Ignas | DeFi Research

Ignas | DeFi Research

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Ignas | DeFi Research
State of Decentralized Stablecoins: Analysis of 25+ Projects
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State of Decentralized Stablecoins: Analysis of 25+ Projects

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Ignas | DeFi Research
Jan 24, 2023
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Ignas | DeFi Research
Ignas | DeFi Research
State of Decentralized Stablecoins: Analysis of 25+ Projects
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Stablecoins make up 14.2% of the total $1.07 trillion crypto market.

Yet 90% ($140.9B) of the total stablecoin market is dominated by 3 fiat backed centralized projects: USDT, USDC and BUSD.

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