Yield-bearing stablecoin slowdown ends 3-year run for crypto-native products
CoinTelegraph·
60-second summary
Yield-bearing stablecoin supply experiences a 15% decline in Q2, marking the end of a 3-year growth run for crypto-native products. sUSDe and sUSDS contraction lead the decline, while Treasury-backed products like BUIDL, USYC, and USDY continue to grow, indicating a shift towards more secure and stable investment options in the crypto market.
Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow.