The trading volume of stablecoins fell by 18% to $970 billion in June, with USDT accounting for 78.4% of the top ten share
PANews reported on July 16th, according to CCData, the trading volume of stablecoins fell for the third consecutive month in June, a decrease of 18%, down to 970 billion US dollars. This is the lowest trading volume of stablecoin pairs on CEX in seven months. USDT continues to dominate, accounting for 78.4% of the trading volume share among the top ten stablecoins by market value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders bet on the Federal Reserve keeping interest rates unchanged, causing a sharp drop in the crypto market
Data: 3,643.81 ETH transferred from an anonymous address, worth approximately $10.5 million
The three major U.S. stock indexes have turned positive again, with the Nasdaq up 0.47%.
Trending news
MoreCrypto prices
More
