Follow UsYield-bearing stablecoin slowdown ends three-year run for crypto-native products
Bearish+1.36%
2 Jul, 10:23
Source: Cointelegraph
AI Summary
Yield-bearing stablecoin supply declined 15% in Q2 as crypto-native products like sUSDe and sUSDS contracted, while treasury-backed tokenized products including BUIDL, USYC and USDY continued growing, signaling a rotation toward RWA-backed stablecoins.
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.