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Wednesday

28 July 2021

As Bitcoin Drops Below $30k, Stablecoins Surpass $100 Billion In Total Supply

As Bitcoin Drops Below $30k, Stablecoins Surpass $100 Billion In Total Supply


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As Bitcoin Drops Below $30k, Stablecoins Surpass $100 Billion In Total Supply.

Bitcoin has dropped below the $30k mark, while stablecoins go strong as they surpass over $100 billion in total supply.

According to a report by Arcane Research, the total stablecoin supply has now surpassed the $100 billion mark, while Tether’s dominance is declining.

While BTC continues its downtrend and dips below the $30k mark, 2 stablecoins have made their way into the top performers for the past week.

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