The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28.
Stablecoin Economy Faces Contraction as Market Capitalization Dips Below $129 Billion
The value of the crypto economy has risen over the past 30 days; however, the stablecoin economy experienced a loss of over $2 billion in June. According to data, on May 28, the net value of the stablecoin economy was $130.28 billion, whereas it currently stands at $128.21 billion. This indicates that stablecoin redemptions amounted to $2.07 billion over the past 30 days.
According to current statistics archived on July 2, three out of the top five stablecoins by market valuation experienced redemptions. Tether (USDT) and trueusd (TUSD) witnessed gains in the past 30 days, with USDT increasing by a mere 0.1%. In contrast, TUSD surged by
We współpracy z: https://news.bitcoin.com/redemptions-plague-stablecoin-economy-wiping-out-over-2-billion-in-june/
