Stablecoins are moving more money while crypto’s cash pile gets smaller

Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May's $1.10 trillion and 125% higher than a year earlier. Across the same four weeks, the total pool of stablecoins in circulation shrank by $7.7 billion, the largest monthly dollar decline since the TerraUSD collapse in […] The post Stablecoins are moving more money while crypto’s cash pile gets smaller appeared first on CryptoSlate.