Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

Posted on November 28, 2022 by

During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from