CCData: the stablecoin market contracted 0.4% to ~$125B in August, the 17th straight month of decline, reflecting low trading volumes and reduced DeFi activity (Olga Kharif/Bloomberg)

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Olga Kharif / Bloomberg:
CCData: the stablecoin market contracted 0.4% to ~$125B in August, the 17th straight month of decline, reflecting low trading volumes and reduced DeFi activity  —  - Total stablecoin market cap declined in August again: CCData  — Tether showed its first market-cap loss in nine months

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