Stablecoins’ Market Capitalization Falls to Lowest Level in 18 Months, Data Shows

The total market capitalization of the stablecoins within the cryptocurrency space has fallen by 1.35% to $133 billion, the lowest it has been in 18 months, amid a US banking crisis that has been part of the reason behind the space’s decline for its twelfth consecutive month. According to CryptoCompare’s latest Stablecoins & CBDCs report,