
Stablecoin Supply Falls $1.65B in a Week as DEX Volumes Rebound
- —Stablecoin market cap fell by $1.65 billion last week
- —DEX spot volume rebounded 5.83% week over week
- —Perpetual trading volume rose 4.36%
- —Four companies bought 7,721 BTC worth $634.84 million
Why it matters: Shrinking stablecoin supply cuts market liquidity, but continued institutional BTC buying could offset the downside.
Source: Coinfomania