Techub, citing weekly data from Lookonchain, reported that the total stablecoin market capitalization increased by $987 million during the Aug. 24 to Aug. 30 period. Over the same stretch, public companies added 4,003 Bitcoin to their holdings. The report also said spot trading volume on decentralized exchanges, or DEXs, declined last week, while perpetual futures trading volume also moved lower. The update focuses on three market signals from the same period: fresh growth in stablecoin supply, continued Bitcoin accumulation by listed firms, and softer activity across both DEX spot markets and perpetual contracts. No further breakdown of issuers, companies, or venue-level trading data was provided in the brief cited by Techub.
Techub cited weekly data from Lookonchain showing that total stablecoin market capitalization increased by $987 million between Aug. 24 and Aug. 30.
During the same period, public companies added 4,003 BTC. The report also said spot trading volume on decentralized exchanges (DEXs) declined last week, and perpetual futures trading volume also fell.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
