Stablecoin supply shrinks by $14.2B in 30 days, Glassnode says

Poin penting

• Data from Glassnode reveals that the total stablecoin supply contracted by $14.2 billion over a 30-day period.
• This significant reduction in available stablecoins highlights growing caution among investors.
• Analysts note that such supply declines can increase market volatility and potentially affect overall confidence across the broader cryptocurrency ecosystem moving forward.

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