1 min read
Add as a preferred source on GoogleStablecoin Issuance and Redemptions Change Circulating Supply
Transfers do not alter circulating supply. A price move can change market capitalization even when no tokens are issued or redeemed.
Issuance and redemptions change the number of stablecoins in circulation, while transfers do not. That distinction separates changes in supply from the movement of existing tokens.
A stablecoin’s market capitalization can change when its price moves, even if circulating supply stays the same.
Market share compares a stablecoin’s market capitalization with the total market capitalization of stablecoins. It shows the stablecoin’s portion of that total.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.