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Stablecoin market cap falls to $300.83 billion as Arc grows 30.23%

Picture: TokenPost

Stablecoin market capitalization fell 1.12% over the past week to $300.83 billion. Arc recorded weekly growth of 30.23% among chains, while Ripple USD led token gainers with a 6.91% increase. Arc's expansion stood out as the broader stablecoin market contracted, with most leading tokens and chains recording weekly declines. Total stablecoin market capitalization stood at $300.83 billion, down $3.40 billion over the week. The total declined 0.17% over the past day and 2.09% over the past 30 days, extending the contraction across both periods.

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