Bloomberg Launches Hourly Stablecoin Dashboard for Terminal Users
The Allium-powered tool tracks supply, issuance and transfers across blockchain networks, covering stablecoins with more than $100 million in circulation.
Bloomberg has added an hourly stablecoin analytics dashboard to its Terminal, giving financial professionals a way to monitor blockchain activity alongside fixed-income, foreign exchange and money-market data.
The Allium-powered dashboard is available through the RWAS <GO> function. It tracks stablecoins with circulating supplies above $100 million, a group that accounts for more than 98% of the market.
Users can examine supply changes, new issuance, token burns, transfer volumes and transaction velocity. Filters allow activity to be viewed by blockchain network and by peg type, including fiat currencies and commodities.
The tool is designed for banks, asset managers and other financial firms that use the Terminal for market data, analysis, trading and communications. It places onchain stablecoin activity within the same platform used to monitor traditional financial markets.
The stablecoin market’s total capitalization is above $306 billion. Tether’s USDT represents roughly 60% of the market.
Bloomberg has offered Bitcoin pricing through its platform since 2014. Its crypto coverage now includes pricing, reference data, identifiers and benchmarks for 50 cryptocurrencies.
