Unveiling the Fascination: Exploring the Most Searched Stablecoins of 2023
A recent study conducted by WinBicoin.info, has revealed the stablecoins that have captured the curiosity of the online community. Through an analysis of Google Trends data over a 12-month period for the top 100 stablecoins listed on CoinMarketCap, the study uncovered the most searched stablecoins globally.
Topping the list as the most Googled stablecoin in the world is Tether (USDT). Introduced by the Hong Kong-based company Tether, this coin has garnered significant attention and popularity. With over 14.4 billion USDT tokens in circulation since September 2020 and a remarkable trading volume of $21,345,225,989 USD, Tether has firmly established itself as a prominent player in the stablecoin market.
In second place, we have TRIBE coin, which experienced a surge in search interest during the first week of May. TRIBE serves as the governance token for the FEI algorithmic Stablecoin and boasts a circulating supply of 1,000,000,000 TRIBE coins, making it an intriguing choice for investors and enthusiasts.
Securing the third position is USD Coin (USDC), a stablecoin pegged to the U.S. dollar on a 1:1 basis. The term “buy USD coin” witnessed a significant spike in searches, particularly in May. Currently, there are 29,603,455,359 USDC coins in circulation, reflecting the growing popularity of this stablecoin.
Binance USD (BUSD) takes the fourth spot among the most Googled stablecoins worldwide. The search volume for “buy Binance USD” skyrocketed in February, surpassing its average search volume by a significant margin. Functioning as a 1:1 USD-backed stablecoin, Binance USD boasts a circulating supply of 5,544,850,540 BUSD coins, attracting attention from cryptocurrency enthusiasts and investors.
Occupying the fifth position is Dai (DAI), a stable-price cryptocurrency with a circulating supply of 4,861,024,127 DAI coins. This coin’s market cap stands at $4,861,635,791 USD, making it a noteworthy contender in the stablecoin market.
- These findings demonstrate the increasing interest in stablecoins, as users seek stability, security, and reliable value preservation in their digital transactions. The dominance of Tether, Tribe Coin, and USD Coin in search trends highlights their influence and widespread recognition within the cryptocurrency community.
– Tether leads as the most searched stablecoin worldwide.
– Tribe coin ranks second in global popularity based on Google search data.
– USD coin holds the third position as a highly popular stablecoin globally.