The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said. The stablecoin market has shrunk by roughly $10 billion since its May peak, including a $7.7 billion decline just in June. On a percentage basis, though, it was just a 3% fall; still modest compared with the 26% contraction during the 2022 crypto bear market. Newer regulated issuers are beginning to chip a…
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