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Bitcoin.com 2023-10-01 18:30:04

Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low

Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt of these redemptions: FRAX and BUSD. The two assets saw their supplies erode by 16.9% and 26.4% respectively, over the span

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