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GHO Stablecoin Supply Appeared to Drop 61% Due to Accounting Change
(2 hours ago) · 1 source · Summarized by CryptoBipto
The reported 61% decline in GHO's circulating supply was not caused by actual redemptions or market activity. Instead, the drop reflects a change in how the supply of GHO, a decentralized stablecoin, is measured or accounted for.
WHY IT MATTERS
If you saw a headline saying a stablecoin's supply dropped by 61%, you might think something went seriously wrong — like people rushing to cash out.
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SOURCES
- thedefiant.io
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