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Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.
By: Owen Fernau
Frax Founder Pins $25B Stablecoin Supply Drop on Fed Rate Hikes

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.

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