Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlists

This chart tracks the net mint amounts of mainstream asset-backed stablecoins that are pegged to the USD and have a market capitalization exceeding 100 million USD, including decentralized stablecoins such as DAI, USDD, FRAX, and crvUSD.
<br/>The chart includes two primary data points:
<ul style="margin: 0;">
<li style="margin: 0;"><strong>Asset-Backed Stablecoins MCap</strong>: The total market capitalization of the aforementioned stablecoins, depicted as a white line chart. This value is calculated daily at 00:05 UTC.</li>
<li style="margin: 0;"><strong>Asset-Backed Stablecoins Net Mint Amount</strong>: The daily change in the combined market capitalization, represented as red and green bars. Green indicates net minting, while red indicates net redemption. The net mint amount is determined by subtracting the previous day’s MCap from the current day’s MCap, and is also computed daily at 00:05 UTC.</li>
</ul>Indicators related to asset-backed stablecoins provide a clearer view of the issuance and redemption activities of decentralized stablecoins within the crypto ecosystem. An increase in the market capitalization of asset-backed stablecoins typically indicates new minting activity, reflecting the demand for decentralized stablecoin assets and the growth of the DeFi (decentralized finance) sector.
7d
30d
90d
1y
Max
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-xXUbd7ed9A4ztreBvpsLM78ZOrwBN2r2mlxIaCv+ReoG9HKX6q2cXAz6ot+k0+Y4Y1X3/+xiTXVjSHs6oI/UTg==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==