Stablecoin transfer volume falls 19% over 30 days; USDe posts $1.1B net outflow
ChainCatcher, citing Cointelegraph, reported that stablecoin transfer volume over the past 30 days slid 19.18% from the prior period to $8.31 trillion. Over the same window, total stablecoin market capitalization rose 2.06% to $305.29 billion, while the number of holders increased 2.32% to 246.94 million.
By net inflows over the past 30 days, Tether's USDT ranked first with $3.6 billion, followed by Circle's USDC at $2 billion and MakerDAO's DAI at $1.2 billion. Ethena's USDe recorded the largest net outflow at $1.1 billion.