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Stablecoin Supply Drops $14.2 Billion in Largest 30-Day Decline Since June 2022

(2 hours ago) · 1 source · Summarized by CryptoBipto

The total supply of stablecoins has fallen by $14.2 billion over the past 30 days, marking the steepest decline since June 2022. This represents a notable contraction in the stablecoin market, which is often watched as an indicator of broader crypto market liquidity.

WHY IT MATTERS

Think of stablecoins as the cash registers of the crypto world.

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SOURCES

  • cointelegraph.com

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