As per Bitcoin.com, Artemis, a blockchain analytics platform, reported that nearly 99.8% of all stablecoins are pegged to the U.S. dollar, with over $303 billion in value. Attempts to introduce stablecoins linked to other currencies have failed to dent the dollar's dominance. Euro-based stablecoins, however, have shown consistent growth, reaching 0.18% of the market, led by EURC with €287M in circulation.
Non-USD Stablecoins Struggle to Gain Traction Despite Euro Peg Growth
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