Stablecoins at their lowest market cap since 2021: Report

Stablecoins at their lowest market cap since 2021: Report


AMB Crypto
2023-02-23 14:00:39

The total market capitalization of stablecoins fell by 0.68% in February. Recent regulatory measures have affected the performance of these tokens. According to a 22 February CryptoCompare report, the total market capitalization of the sector’s stablecoins fell to $136 billion in February. This number was the lowest since September 2021. The report stated: “In February,