NEW
Stablecoin Volumes Drop for Third Consecutive Month | Flash News Detail | Blockchain.News
Latest Update
7/12/2024 4:24:55 PM

Stablecoin Volumes Drop for Third Consecutive Month

Stablecoin Volumes Drop for Third Consecutive Month

According to @CCData_io, stablecoin trading volumes declined for the third consecutive month in June, decreasing by 18% to $970 billion. This marks the lowest volume for stablecoin pairs on centralized exchanges (CEXs) in seven months. Despite the overall decline, $USDT remains the dominant stablecoin, accounting for 78.4% of the volumes among the top 10 stablecoins by market capitalization.

Source

CCData

@CCData_io

CCData provides top-tier data and index solutions, research and events to support the adoption of digital assets.