According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance’s stablecoin BUSD has recently entered the top ten crypto market capitalization positions. Just as it caused carnage in the crypto economy, Terra’s recent downfall has caused a great shift within the stablecoin ecosystem.
San Mateo County Coalition and Mission Asset Fund Launch Guaranteed Income for 500 Immigrant Families
Five hundred immigrant families excluded from federal COVID-19 financial relief will receive $400 in guaranteed monthly income for up to two years. The pilot program is co-sponsored by a coalition