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STABLECOIN MARKET POSTS BIGGEST DROP SINCE TERRA COLLAPSE

ETHETH · Live data
$2,701 −0.88%
  • 24h Volume$10.19B
  • 24h Low / High$2,680 / $2,735
  • Long/Short1.37
  • Funding Rate+0.0016%

Data provided by COINOTAG DATA

gate.com

The stablecoin market shrank 2.4% ($7.7 billion) to $312 billion in June, marking its biggest monthly decline since the 2022 TerraUSD collapse.

bitget.com

The drop came alongside an 18% fall in Bitcoin and several stablecoin depegs.

Bitcoin, Ethereum and XRP were all lower in today's trading.

bybit.com
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