CryptoCoinDeskabout 1 hour ago
Stablecoin market cap drops $10 billion since May
1 min read
The stablecoin market cap fell roughly $10 billion since May, including a $7.7 billion June decline. Tether's USDT dropped $6 billion to $184 billion, and Circle's USDC fell $7 billion to $73 billion. The 3% drop is modest versus 2022's 26% contraction. Newer regulated issuers like Global Dollar and USDGO are gaining ground.
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