NEAR stablecoin supply reaches $774M, USDT holds 56%
Quote51 words
NEAR stablecoin supply is $774M, led by USDT at $435M (56%) and USDC at $295M. With NEAR DeFi TVL above $400M, he sees liquidity still to be deployed in the ecosystem.
Key claims
NEAR stablecoin supply $774M
USDT $435M (56%), USDC $295M
NEAR DeFi TVL above $400M
Stablecoin supply on $NEAR is rising and now sits a $774M in total.
$USDT is the dominant stablecoin ($435M = 56% market share) with $USDC in second place ($295M).
Quite a bit of liquidity to be unleashed in the $NEAR DeFi ecosystem, which currently has a TVL of >$400M.
Study @NEARProtocol.
QUOTING @zerokn0wledge_
$NEAR has 2.6M daily active addresses and accounts for 24% of all active addresses in the past month according to data from @artemis__xyz. The application landscape is diverse with social apps like @CosmoseAI's Kai-Ching, infra/tooling such as @here_wallet (and $HOT mining) or G
$NEAR has 2.6M daily active addresses and accounts for 24% of all active addresses in the past month according to data from @artemis__xyz. The application landscape is diverse with social apps like @CosmoseAI's Kai-Ching, infra/tooling such as @here_wallet (and $HOT mining) or G
1 image on X
What came next · since 10 Sep 2024
Show how the covered asset moved
This data piece reports the numbers without making a call on the token, so price moves since publication are shown as market context.
Covered, no call
Since then
Zero has written 32 more pieces on NEAR Protocol and $NEAR since this one.
- Quantum and post-quantum map: PQ crypto assets by readinessOn NEAR
- I Built a Research Desk Staffed Entirely by AI Agents. It Works.Covers $NEAR
- New vs returning wallets across Ethereum, Solana, NEAR, Polygon and SuiCovers $NEAR
- NEAR DCML explained: confidential, verifiable and monetizable AI via TEEsCovers $NEAR
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.