Data: The total market value of stablecoins continues to decrease, marking the largest single-month decline since the Luna crash
According to DefiLlama data, the total market capitalization of stablecoins continues to decline, decreasing by 0.33% in the past week, with a current market cap of $302.837 billion. This figure has dropped by over $6 billion from the previous peak of $309 billion, marking the largest monthly decline since the Luna crash in May 2022.
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