CoinDesk••1 min read
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The Signal TakeBullish
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Bitcoin rally cools as investors digest inflation data, oil clouds outlook
CoinDesk•3h ago
Crypto steadies as Middle East tensions counter U.S. inflation report boost
CoinDesk•4h ago
Japan passes crypto overhaul to bring digital assets under financial rules
Cointelegraph•4h ago
Illinois’ first-in-U.S. crypto tax applies even to losses - Illinois Policy
Apify/Illinois Policy•4h ago