An overview of the current #stablecoin market with IntoTheBlock

Since peaking in March 2022, the total capitalization of stablecoins has fallen over 35% from $188B to $122B.

However, the capitalization of the entire crypto market has fallen by more than 60% from $3T to $1.2T

Despite the regular FUD, capitalization of USDT is at its peak value - $84B

The more regulated USDC decreased from $55B to $25B

Due to regulatory pressure, BUSD's capitalization decreased from $23B billion to $2B and will continue to fall.

#MarketNews #BTC $BTC