August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction


August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply ContractionOver the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend of consecutive monthly decreases this year. Major Supply Drops […]