CryptoCointelegraphabout 2 hours ago
Yield-bearing stablecoin slowdown ends three-year run for crypto-native products
1 min read
Yield-bearing stablecoin supply fell 15% in Q2 2026, ending three years of growth. Ethena's sUSDe lost 52% of supply, shedding nearly $2 billion. Treasury-backed tokens grew: BlackRock's BUIDL rose 2%, Circle's USYC increased 16%, and Ondo Finance's USDY rose 66%.
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