2019 has proven a huge year for the development of stablecoins and decentralized finance, particularly in regards to projects built on the Ethereum blockchain. An excellent and thorough report by Blockdata, building on recent work by Blockchain.com, Stable Report, and ConsenSys, undertook a vast study of the current ecosystem of stablecoins, and uncovered a wealth of remarkable insights.

Some highlights: Firstly, since the beginning of 2017, over 200 projects have been announced, but only 30% are yet to be publicly launched, with 66 public and active stablecoins in circulation at the time of writing. The report went on to state that 2019/2010 is likely to be the biggest annum as yet in regards to stablecoins going live.

To read the full story, visit “The State of Stablecoins 2019”