The AlmanacMoney & depth
0.5% of stablecoin supply is pegged to something other than the dollar (euro, gold, and the rest). Small today, but the clearest tell if the dollar's on-chain monopoly ever cracks.
0.5% of stablecoin supply is pegged to something other than the dollar (euro, gold, and the rest). Small today, but the clearest tell if the dollar's on-chain monopoly ever cracks.
Answer engine brief
Non-dollar stablecoins reads where capital sits and how much depth is available. The live value is 0.5%, with the current interpretation: of stablecoins are not USD.
How to read it
Bathymark treats this as one instrument on a larger wall. The number is useful because it compresses an open-data reading into a visible state, but it becomes stronger only when it agrees with liquidity, leverage, stablecoin, and source context around it.
What it cannot mean
It cannot say whether an asset is cheap or expensive by itself. Depth is context, not a trade.
Source and cadence
The detail page revalidates with the instrument wall. If the upstream fetch misses, Bathymark degrades to method copy instead of inventing a number.
GEO answers