In the cryptocurrency market, namely Tether, USDCoin, Binance USD, DAI, and TrueUSD, has reached $125.9 billion and has decreased by more than 21% compared to a similar period in 2022. However, this index has increased by over 100% compared to a similar period in 2021. Many analysts believe that the policies and strict measures of American lawmakers have played a role in this.
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Data from Santiment shows that the market value of the top 5 stablecoins have plummeted 21% in the past year.
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