The combined market cap of the largest stablecoins reached a peak of $186 billion in May, before the Terra/LUNA collapse, the note said. That compares with less than $30 billion at the start of 2021 and about $5 billion a year before that. Since May, the stablecoin universe has dropped by $41 billion, with just under half of the decline attributed to the demise of Terra.
Are miners now web accumulators? Marathon provides 400 BTC after the crash
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for roughly $46 million on Oct. 13, capitalizing within the market collapse...
