The market capitalization of the second largest stablecoin USDC is $32.24 billion, but the supply decreased slightly by 0.4% this weekend. The market capitalization of the third largest stablecoin Makerdao's DAI dropped by 3.9% to $5.13 billion. The USDE of the fourth largest stablecoin Ethena had the most significant increase, rising by 21.4% this month. Tron's USDD increased by 0.5%, while frax dollar (FRAX) decreased by 0.1%. The eighth largest stablecoin TUSD decreased by 1.3% in June.
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The stablecoin market remained relatively stable in June, with minimal changes in supply.
The market capitalization of the second largest stablecoin USDC is $32.24 billion, but the supply decreased slightly by 0.4% this weekend. The market capitalization of the third largest stablecoin Makerdao's DAI dropped by 3.9% to $5.13 billion. The USDE of the fourth largest stablecoin Ethena had the most significant increase, rising by 21.4% this month. Tron's USDD increased by 0.5%, while frax dollar (FRAX) decreased by 0.1%. The eighth largest stablecoin TUSD decreased by 1.3% in June.