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Market Cap:
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CryptoGlobe
2023-02-23 04:00:00

Stablecoins’ Market Cap Has Been Falling for Nearly a Year, Report Reveals

Stablecoins’ Market Cap Has Been Falling for Nearly a Year, Report Reveals

A newly published report reveals that in February, the total market capitalization of the stablecoins in the sector fell by 0.68% to $136 billion, making their lowest market capitalization since September 2021 and the eleventh consecutive monthly decline. CryptoCompare’s latest Stablecoins & CBDCs Report adds that the total market share of stablecoins in the sector is

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