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    Tag: stablecoin value

    Stablecoin Market Cap Continues to Decline for 18th Straight Month

    Cryptory.net - In a recent report by CCData, it was revealed that the market capitalization of stablecoins hit its lowest point since August 2021, dropping to $124 billion in September. Furthermore, the dominance of stablecoins in the overall crypto market cap decreased by 0.2% to 11.6% as of September 18th.

    Q2 2023: Stablecoin Decline as ETH Staking, Layer-2s See Major Growth

    Bitcoin and Ethereum's dominance grows, stablecoin market cap declines, and Ethereum's Shapella upgrade fuels growth impact.

    Stablecoin Market Cap Drops Due to Reduced Trading Volume

    Defillama reports that the current market capitalization of stablecoins stands at $129 billion, which is a decrease from the May 2022 figure of over...

    Stablecoins Account For Nearly 15% Of the Total Crypto Market Value

    Currently, the crypto market is worth roughly $1.15 trillion, and stablecoins represent 13.8% of that total.