The stablecoin market, currently worth US$206 billion according to defillama.com, has seen notable shifts, including growth in the first six days of 2025. Nearly $4 billion has disappeared as Tether and Ethena decline in early 2025 Among the top 10 stablecoins, tether (USDT) and USD Ethena (USDE) recorded significant outflows, together amounting to nearly 4%. dollars (...)

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