Fiat economy explodes in 2024 – stablecoins reach $200 billion, Tether market rises 50%, new players emerge

Fiat economy explodes in 2024 - stablecoins reach $200 billion, Tether market rises 50%, new players emergeAs Bitcoin (BTC) crossed the $100,000 mark and the value of the cryptocurrency economy exploded this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset space, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of cryptocurrencies tied to fiat currencies. Stablecoins thrive as classification changes (...)

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