Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs – Altcoins Bitcoin News
October 14, 2023
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions made up 22.96% of the global crypto economy’s trade volume. Just a day earlier, they constituted 74% of all trades.
Turbulent Times Ahead? Stablecoin…