The 5 Fastest-Growing Stablecoins in August 2020: An Analysis

Written by cleo_johnson | Published 2020/10/04
Tech Story Tags: stablecoin | stablecoins | crypto | cryptocurrency | cryptocurrency-top-story | dai-stablecoin-yield-farming | trueusd-stablecoin-vs-tether | neutrino-usd-stablecoin-yield

TLDR The 5 Fastest-Growing Stablecoins in August 2020: An Analysis by CoinDesk. From $5.3 billion in January, the overall market capitalization of the stablecoin market skyrocketed beyond $13 billion. Yield farming (or liquidity mining) means earning rewards for adding liquidity to a DeFi protocol. DAI market cap is +239% since July 1 (currently $432m) and best investment vehicles: complex yield farming with COMP and BAL (up to 20% APR)via the TL;DR App
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Written by cleo_johnson | Investor, crypto interested
Published by HackerNoon on 2020/10/04
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