Liquidity exits markets as ERC stablecoins decline by more than $7 billion in a single week

Ethereum-based stablecoins have experienced a decline in market capitalization for the first time during the current market cycle. According to data from DeFiLlama, the stablecoins have lost more than $7 billion in just a week. The crypto market is facing significant headwinds amid the ongoing geopolitical landscape. The market capitalization of the Ethereum stablecoin market […]