Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days

Posted on September 28, 2022
In $6.7 billion, Altcoins, binance, circle, Dollar Backed, Fiat, fiat currencies, Market Caps, robinhood, Stablecoin, Stablecoin Caps Deflate, Stablecoin Economy, Stablecoin Market caps, Tether, USD Coin, usdc, USDT, WazirX

Stablecoin Economy Continues to Deflate — USDC's Market Cap Shed $6.7 Billion in 83 Days Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto […]
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