Stablecoins

The stablecoin market has faced a stringent decline over the past eighteen months, reflecting a broader skepticism enveloping the cryptocurrency arena. During this period, the market capitalization of stablecoins plummeted by 35%, descending from its zenith of $189 billion in May 2022 to $124 billion, according to crypto data provider DeFiLlama​1​. This decline underscores a […]