Bloomberg terminals are connected to on-chain data, covering 98% of the stablecoin market

According to Woofun AI, Bloomberg launched a stablecoin data board on the Terminal platform on Wednesday, marking a mature stage where its crypto data service began with Bitcoin in 2014 and expanded to cover 50 cryptocurrencies.

Allium provides low-level technical support. The signboard focuses on head assets with a circulation of more than $100 million, covering more than 98% of the market share. Woofun AI collates data and shows that users can track supply, minting, destruction, transfer volume, and flow rate, and perform multi-dimensional analysis according to the blockchain network type and linked method (fiat currency or commodity).

This functionality is integrated into the RWAS module and is side-by-side with fixed income, forex, and money market instruments. Banks, asset management companies, and financial practitioners use this to obtain real-time market data, news information, analytical reports, and support transactions and communication to seamlessly connect traditional financial workflows.

Currently, the total market value of stablecoins has exceeded $306 billion, and USDT issued by Tether accounts for 60% of the share. This move is not only an expansion of the data dimension, but also a key step in traditional financial infrastructure towards transparency of on-chain assets, and heralds the trend of standardization of institutional-level cryptographic analysis tools.