The market capitalization of the second largest stablecoin USDC is $32.24 billion, but the supply decreased slightly by 0.4% this weekend. The market capitalization of the third largest stablecoin Makerdao’s DAI dropped by 3.9% to $5.13 billion. The USDE of the fourth largest stablecoin Ethena had the most significant increase, rising by 21.4% this month. Tron’s USDD increased by 0.5%, while frax dollar (FRAX) decreased by 0.1%. The eighth largest stablecoin TUSD decreased by 1.3% in June.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The stablecoin market remained relatively stable in June, with minimal changes in supply.
The market capitalization of the second largest stablecoin USDC is $32.24 billion, but the supply decreased slightly by 0.4% this weekend. The market capitalization of the third largest stablecoin Makerdao’s DAI dropped by 3.9% to $5.13 billion. The USDE of the fourth largest stablecoin Ethena had the most significant increase, rising by 21.4% this month. Tron’s USDD increased by 0.5%, while frax dollar (FRAX) decreased by 0.1%. The eighth largest stablecoin TUSD decreased by 1.3% in June.