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Bitcoin.com 2023-08-31 14:30:41

August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction

Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend of consecutive monthly decreases this year. Major Supply Drops

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