Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

By Krisztian Sandor

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.

Not financial advice. Do your own research before making investment decisions.

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