2019 State of Stablecoins
2019 State of Stablecoins
Blockchain.com published a 2019 State of Stablecoins Report, which reviewed the current state of stablecoins from multiple dimensions. The major takeaways are summarized here.
Full report can be found at https://www.blockchain.com/research
54 identified stablecoins, 45% of which are live.
8 major stablecoin use cases
52% of stablecoins were crypto-collateralized
Each stablecoin has its own targetd use case
US and Europe are most popular homes for stablecoin teams
USD Tether (USDT) are still most widely used by Tier-1 Exchanges, while other stablecoins are catching up on the uses.
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