Reports Disagree on What $9.2B DeFi Stablecoin Figure Is
CryptoBriefing and Coinfomania both cite a $9.2 billion figure in reporting on the same Token Terminal data, but attribute it to different things.
CryptoBriefing and Coinfomania both cite a $9.2 billion figure in reporting on the same Token Terminal data, but attribute it to different things.
What all sources agree on
- Total stablecoin deposits in DeFi reached $24 billion.
- Deposits are up 560.8% over the past three years.
- The $24 billion figure represents 8% of the total stablecoin market, valued at approximately $298.4 billion.
- USDC holds a 38.2% share of DeFi stablecoin deposits.
- The data was released by Token Terminal.
Where the reports disagree
1What the $9.2 billion figure refers to
USDC leads the pack with a 38.2% share of DeFi deposits, which works out to around $9.2 billion.
With Aave v3 and v4 holding a combined $9.2 billion, platforms are competing intensively for market share through enhanced liquidity and yield offerings.
What would settle it: The underlying Token Terminal dataset or dashboard breakdown showing how the $9.2 billion figure is categorized.
What to make of it
Treat the $24 billion total, the 560.8% growth figure, and USDC’s 38.2% share as consistently reported; the attribution of the specific $9.2 billion figure—to USDC’s deposit share or to combined Aave v3/v4 holdings—is unresolved pending the original Token Terminal data breakdown.
Treat the $24 billion total, the 560.8% growth figure, and USDC’s 38.2% share as consistently reported; the attribution of the specific $9.2 billion figure—to USDC’s deposit share or to combined Aave v3/v4 holdings—is unresolved pending the original Token Terminal data breakdown.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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