2023-05-13 15:15:12
The Aggregate #Stablecoin Supply has been experiencing severe outflows as market participants have rampantly redeemed their tokens following the LUNA collapse, culminating in a peak monthly outflow of -$8.6B.
However, when assessing the monthly supply change from a high timeframe perspective, Stablecoin outflows have been diminishing, suggesting initial glimmers of returning demand and capital inflows into the digital asset space.
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