According to the stablecoin report released by CryptoCompare, as of January 22, the market value of stablecoins fell by 0.62% to US$137 billion in January, the lowest level since September 2021. The market value of stablecoins has fallen for 10 consecutive months. Despite the decline in market value, the spot trading volume of stablecoins rose by 9.46% to US$397 billion in January due to increased market volatility.
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Stablecoin market value fell to $137 billion in January, and the downward trend has continued for 10 months
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