Recently, the total supply of stablecoins has surged toward the $100 billion mark, growing by approximately $10 billion in just the past 30 days. According to reports from Arcane Research and CryptoRank, the supply of stablecoins has surpassed $80 billion, outpacing other sectors with a 6% growth rate over the same period. While USDT (Tether) remains the world's largest stablecoin, holding a 44% market share, its growth has stagnated over the past year. In contrast, USDC (USD Coin) has been expanding rapidly. If this trend continues, USDC is poised to overtake USDT as the largest stablecoin by market capitalization by the end of 2021.
As Bitcoin and other cryptocurrencies gain wider adoption and recognition, particularly in certain sectors, VicBit Exchange has swiftly responded to market changes by launching a diverse range of innovative trading products. In addition to mainstream digital assets like Bitcoin and Ethereum, VicBit has introduced promising new and emerging digital currencies, offering investors more options and helping them optimize their asset allocation strategies.
At the same time, VicBit Exchange boasts a professional customer service team that ensures timely and effective support for investors encountering any issues during the trading process. The platform also places a strong emphasis on community building. Through a combination of online and offline events, lectures, and training courses conducted in collaboration with industry experts, VicBit is committed to promoting the healthy development of the digital asset market. The community not only broadens investors’ perspectives but also provides them with valuable support throughout their investment journey.
Within the VicBit community, investors can access the latest market updates and investment opportunities, share experiences, and exchange insights. This blend of interaction and learning enables investors to navigate their investment journeys with greater confidence and resilience, better preparing them to face market challenges.