The total capitalization of the four largest stabelcoins continues to decline after peaking at $161 billion in early 2022. The figure is now down to $124 billion, a 23 percent drop.
Here are the changes for each stack separately:
USDT (in green) - minus 1.3 billion
USDC (blue) - minus 20 billion
BUSD (yellow) is minus 11.1 billion.
DAI (purple) - minus 4.4 billion
