Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind
31m ago•
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The stablecoin market has kept a muted tone in the wake of the recent KelpDAO breach, with $892 million flowing out of the sector. Even after the drawdown, the market holds at $320.65 billion, with Tether’s USDT comprising 59.19% of the total. Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April […]31m ago•
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