Bloomberg Launches Stablecoin Dashboard on Terminal
- Bloomberg’s new dashboard tracks stablecoins with over $100 million in circulation, covering more than 98% of the market.
- The dashboard allows users to analyze stablecoin supply, mints, burns, and transfer volume across different blockchain networks.
- It is accessible to all Bloomberg Terminal users via RWAS <GO>, integrating with existing financial tools.
- The stablecoin market capitalization has surpassed $306 billion, with Tether’s USDT making up approximately 60% of this total.
- Bloomberg has provided Bitcoin pricing since 2014 and currently supports pricing for a total of 50 cryptocurrencies.
The introduction of the stablecoin dashboard enhances Bloomberg Terminal’s offerings by providing critical onchain data for financial professionals, reflecting the growing importance of stablecoins in the market.
With Tether’s USDT representing about 60% of a $306 billion market cap, this new tool aims to support informed decision-making among users.(Source)
