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Token Terminal data shows 8% of stablecoin market cap sits in DeFi

NewsFeeds update

As of 25 Oct, $24bn of stablecoins was deposited in DeFi protocols, about 8% of the $298bn total stablecoin market cap, Token Terminal data shows. USDC led with 38.2% ($9.2bn), followed by USDT at 20.3% ($4.9bn) and USDe at 9.0% ($2.2bn).

StablecoinsCoinNessAINeutral

Read the original on CoinNess

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  2. Tether to take part in Juventus capital increase with about $32.2m

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Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.