Total Stablecoin Cap Falls $1.9 Billion This Week While Sky Dollar Leads the Slide

Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven […]

Source: https://news.bitcoin.com/total-stablecoin-cap-falls-1-9-billion-this-week-while-sky-dollar-leads-the-slide/