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Coin Edition 2023-08-31 14:55:00

Behind the Stablecoin Decline: Key Moves Dictating Market Changes

The stablecoin ecosystem is undergoing dynamic change, according to new analysis by on-chain data firm Santiment. Stablecoins, cryptocurrencies designed to maintain a steady value, have faced declining activity and supply in recent months. However, Santiment’s report reveals the key events and strategies shaping the market beneath the surface. Overall stablecoin circulation has trended downward since The post Behind the Stablecoin Decline: Key Moves Dictating Market Changes appeared first on Coin Edition .

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