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Stablecoins are getting smaller and smaller

  • December 18, 2022
  • 49 views

According to analysts, starting in April 2022, $6 billion worth of staplecoins have been flowing out of the cryptocurrency market every month.

At the same time, at the end of March 2022, the amount of capital in stabelcoins was actively growing and reached the level of $161.5 billion. The exception was the period from August to September. Then the “unloading” of stabelcoins almost stopped.

Also during this year there were some noticeable shifts in the dominance of the supply of stabelcoins. for example, the capitalization of BUSD grew from the beginning of the year from $14 billion to $23 billion in November, but in early December it collapsed in a couple of days to $18 billion.

The largest by market capitalization stack USDT maintains a share of 45% to 50%, despite the situation in the crypto market.

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