Stablecoin market cap slips to $304.96B as Avalanche leads chain gains
- —Stablecoin market cap stands at $304.96B, down $1.16B on the week
- —Tether holds 59.85% share at $182.5B; USDC accounts for 23.68%
- —Avalanche gained 2.83% weekly; XRPL fell 13%, Arbitrum lost 3.81%
- —On-chain stablecoin transfers rose 31% month-over-month to $10.18T
Why it matters: Stablecoin supply is a key liquidity gauge for crypto: a weekly contraction and outflows from XRPL point to weak capital inflows.
Source: TokenPost