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The Defiant

What Is Stablecoin Market Cap? Supply, Share and Dominance Explained

By The Defiant Team

Issuance and redemptions change circulating supply. Transfers do not, and a price move can change market cap without any tokens being issued or redeemed.

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Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

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