Report: Stablecoin's market value rises sharply in 2019

CoinMetrics' "State of the Network 2019" report shows that the market value of stablecoins has increased significantly in 2019. The market value of Tether (USDT_ETH) on the Ethereum blockchain has increased by nearly 3700% this year to reach $ 2.3 billion; the market value of the stablecoin PAX issued by Paxos has increased by approximately 65%, and the market value of the stablecoin USDC of the Circle has increased by approximately 100%.