Stablecoin Economy Sheds Another $3 Billion in 44 Days – Altcoins Bitcoin News

While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month and gemini dollar’s market capitalization slid by 1.5%.

$3 Billion in Dollar-Pegged Tokens Erased in 44 Days as Stablecoin Swaps Represent Nearly 80% of Global Crypto Trade Volume The overall value of the top stablecoins by market capitalization has shed roughly $3 billion during the last 44 days or since . At that time, the stablecoin economy was worth $141.07 billion. On that day, stablecoin swaps represented $44.55 billion of the $53.91 billion in global trade volume.After losing more than $3 billion, the stablecoin economy is valued at

, and stablecoin trades equate to $46.33 billion of the $58.76 billion in global trades on Jan. 28, 2023. Out of the top ten stablecoin assets, three market capitalizations have lost value during the last 30 days.

USDCoin is the only one that matters That one's going to become legal tender

It's only temporary. The money will come back soon.

Would stablekwon be responsible for this loss of confidence in stablecoins?

It's clear DeFi is growing in popularity and that the stablecoin economy is impacted by that. However, investors and users should remain cautious and hodl on to diversified crypto portfolios to stay safe. DeFi Crypto HODL

I think bitcoin will be government manipulated

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Buying opportunity

I think of bitcion as a good book, the further you get into it, the more it begins to make sense. Follow _lyn90 so you know what I mean and get to grow and excel in it Good luck to everyone.

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Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit – Finance Bitcoin NewsRussia may issue a stablecoin backed by gold for international settlements, a high-ranking member of the Russian parliament has admitted. Brilliant, but using ChiefraFba for signals and analysis best stable coin ever, will wipe out fraudulent paper money digital copy Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
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