ERC-20 stablecoins market cap suffers $7B single-week drop

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 […] source: https://www.cryptopolitan.com/erc-20-stablecoins-market-cap-drops/