DefiLlama’s on-chain stats provide a conflicting story of growing stablecoin market cap & plunging token price.

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bitcoinBitcoin
$ 65,647.00
$ 65,647.00
4.36%
ethereumEthereum
$ 1,838.01
$ 1,838.01
4.61%
tetherTether
$ 0.999373
$ 0.999373
0.01%
xrpXRP
$ 0.971428
$ 0.971428
4.5%
bnbBNB
$ 597.74
$ 597.74
5.4%
usd-coinUSDC
$ 0.999652
$ 0.999652
0.02%

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bitcoin
Bitcoin (BTC) $ 65,647.00
ethereum
Ethereum (ETH) $ 1,838.01
tether
Tether (USDT) $ 0.999373
xrp
XRP (XRP) $ 0.971428
bnb
BNB (BNB) $ 597.74
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999652