The total market capitalization of stablecoins dropped by 0.45% over the past week, but remains above $30 billion.
According to Jinse Finance, data from DefiLlama shows that the total market capitalization of stablecoins is currently at $307.408 billion, down 0.45% over the past week. Among them, USDe issued by Ethena decreased by 11.55% over the past week, while USDC decreased by 0.63%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
