FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
Submitted by Anonymous (not verified) on Sun, 05/26/2024 - 20:10
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced a 29% supply decrease. Stablecoin Valuations Adjust With Diverse Market Movements in May Since […]