Summary: Stablecoin supply dropped by the end of the second quarter of 2022. Arcane Research data showed that the total supply was about $151 billion by Q2 of this year. The figure revealed an 18.8% drop over the last quarter, worth around $35 billion. It’s so far the largest supply drop in stablecoin history, per the report. Arcane’s data also showed that Circle’s USDC token could Flippen Tether’s USDT in market value before 2022 is over. USDC is currently the […]
