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Home Crypto Updates

Binance USD Stablecoin Sees $2B Discount in a Month Amid Token Mismanagement

by cryptostandard
January 25, 2023
in Crypto Updates
Reading Time: 1 min read
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The general market capitalization of stablecoins fell for a tenth consecutive month in January, to $137 billion, in line with a report by analysis group CryptoCompare. Stablecoin dominance inside the broad cryptocurrency market dropped to 12.4% from its all-time excessive of 16.5% in December, suggesting merchants have been rotating from stablecoins into riskier property, CryptoCompare stated.



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Tags: BinanceBitcoin NewsCrypto NewsCrypto StandardCrypto UpdatesLatest Bitcoin NewsmismanagementMonthReductionSeesstablecoinTokenUSD
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