The action comes as the circulation of Maker’s dollar-pegged stablecoin has shrunk by a third from $6.9 billion in a year, according to Dai Stats. The broader stablecoin market, a key infrastructure and source of liquidity in the crypto ecosystem for trading and transactions, is in a downtrend, sinking to $127 billion from nearly $160 billion a year ago.
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Bitcoin
$27,538.50
-24.62
Ethereum
$1,646.06
-13.74
Litecoin
$64.45
-1.34
DigitalCash
$26.86
-0.85
Monero
$148.87
+3.03
Nxt
$0.00
0
Ethereum Classic
$15.56
-0.64
Dogecoin
$0.06
-0
