📉 Stablecoins are losing ground:
- The stablecoin market has shrunk by 35% over the past year and a half
- Stablecoin trading volume fell from $150-300 billion to $50 billion
- 95% of the market is concentrated around USDT, USDC, DAI, TUSD and BUSD
- US regulators tighten control over stablecoins
🔍 Negative trends in the stable coin market may be associated with rising yields on US Treasury bonds and the excess yield of traditional financial instruments over cryptocurrencies.
- The stablecoin market has shrunk by 35% over the past year and a half
- Stablecoin trading volume fell from $150-300 billion to $50 billion
- 95% of the market is concentrated around USDT, USDC, DAI, TUSD and BUSD
- US regulators tighten control over stablecoins
🔍 Negative trends in the stable coin market may be associated with rising yields on US Treasury bonds and the excess yield of traditional financial instruments over cryptocurrencies.