The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
- The stablecoin market has shrunk by roughly $10 billion since its May peak, including a $7.7 billion decline just in June.
- On a percentage basis, though, it was just a 3% fall; still modest compared with the 26% contraction during the 2022 crypto bear market.
- Newer regulated issuers are beginning to chip away at the dominance of USDT and USDC, according to data.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Bitcoin falls below $83,000 as dollar strength keeps markets on edge
Altcoins rally on thin trading as bitcoin holds below $83,500
U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead
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