PANews on July 11th, according to CCData cited by BeInCrypto, the stablecoin volume of centralized exchanges in June fell to the lowest point in seven months, a decrease of 18%, to $97 billion. Despite the decrease in volume, the total market capitalization of stablecoins increased by 0.53% to reach $161 billion, the highest level since April 2022, although the growth rate has slowed since May. Amid increasing market uncertainty, investors seek safe havens, and the market share of stablecoins rose from 6.22% in May to 6.83% in June. USDT dominates with a market share of 70%, while other stablecoins like USDe by Ethena also achieved significant growth. The overall slowdown in volume reflects broader market uncertainty.

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