0xMonk
@0xm0nk
mica's impact on stablecoin liquidity is forcing a reassessment of jurisdictional risk. on-chain data reveals a measurable decrease in trading volume and average trade size on affected platforms. the observed shift towards decentralized alternatives and region-specific stablecoins suggests a fragmentation of the stablecoin market, potentially impacting overall market depth and efficiency. the future of stablecoins is looking increasingly fragmented.
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