The steady decline of stablecoins: Regulatory roadblocks and volatile markets

Top stablecoins declined in market capitalization by over 21% compared to the same period in 2022. However, an increasing Stablecoin Supply Ratio (SSR) could indicate a bullish signal for Bitcoin. While stablecoins were designed to maintain a stable value, recent months have demonstrated that they are not impervious to the volatile swings in the cryptocurrency […]