<ul class="news-points"> 
 <li><strong>The combined market caps of the top 6 stablecoins gained $663.2M since August 22.</strong></li> 
 <li><strong>This is the first time stablecoins market cap is growing since the FTX collapse.</strong></li> 
 <li><strong>Stablecoins in this category include USDT, USDC, BUSD, DAI, TUSD, and USDP.</strong></li> 
</ul> 
<p>According to Santiment, the market intelligence platform with on-chain and social metrics, the combined market caps of the top six <a href="https://coinedition.com/what-is-a-stablecoin/" rel="noopener noreferrer nofollow">stablecoins</a> have grown by $663.2 million since August 22. This is the first time this category of digital assets has experienced growth since the FTX collapse in November 2022. The stablecoins in this category include USDT, USDC, BUSD, DAI, TUSD, and USDP.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9d0.png" alt="🧐" class="wp-smiley" style="height: 1em; max-height: 1em;"> The market caps of the top 6 <a href="https://twitter.com/hashtag/stablecoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#stablecoins</a> in <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> have collectively declined by 25.9% in the past 18 months. Butfor the first time since the <a href="https://twitter.com/hashtag/FTX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FTX</a> collapse last November, we see growth. Since Aug. 22nd, the combined market caps have grown by $663.2M. <a href="https://t.co/vA5uquc7OU" target="_blank" rel="noopener noreferrer nofollow">https://t.co/vA5uquc7OU</a> <a href="https://t.co/T0Y5UXGMDJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/T0Y5UXGMDJ</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1698184643449905476?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 3, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>In a recent post on X (Twitter), Santiment showed the significance of this recent growth. The digital assets analytics platform noted that the market caps of the top six stablecoins in crypto ha…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/top-6-stablecoins-gain-663-2m-in-market-cap-since-august-22/">Top 6 Stablecoins Gain $663.2M in Market Cap Since August 22</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Top 6 Stablecoins Gain $663.2M in Market Cap Since August 22

Coin Edition

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