Statistics indicate that Terra's UST stablecoin issuance grew the most last year, jumping a whopping 5,431% in 2021. Stablecoins
The top ten stablecoins by market valuation on January 30, 2022. Metrics for this post measure the growth of stablecoins between January 1, 2021, and up until the first of this year.
The third-largest stablecoin binance usd had a market valuation of around $1.07 billion on the first of the year in 2021, and on the first day of 2022, it was $14.4 billion seeing a 1,245.79% increase. Magic internet money was not around on January 1, 2021, but 128 days ago or four months ago, MIM had a market cap of around $879 million. MIM grew by 422.18% in four months to $4.59 billion by January 1, 2022.
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