“Stablecoins Face Uncertainty as Crypto Slump Shakes Market Confidence – What Lies Ahead?”
For the 14th consecutive month, the total market cap of stablecoins continues to shrink, standing at a modest $130 billion in May – a startlingly low point unseen since September 2021. But, as their numbers dwindle, the crypto market faces a potential headwind. Financial giants such as JPMorgan and Goldman Sachs have voiced concerns that […]