Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March

Stablecoin Exit Of 2022: $14.3 Billion Redeemed Since March


Bitcoinist
2022-12-14 15:00:07

2022 has been the year of mass exit from stablecoins as more than $14.3 billion has been redeemed from these tokens since March. Total Stablecoin Supply Is Down 8% From March 2022 Peak According to the latest weekly report from Glassnode, the stables observed expansion throughout 2020 and 2021. The relevant indicator here is the