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The Risk Free Rate on Stablecoins
The total circulating supply of stablecoins is down 20 million to 200 billion. It's still not crazy, right? Like it was a lot more. Right when Tera Claps was the all time high for stablecoin and market cap, the total circulating supply. Since then it's been like pretty stable after,. I mean, it's gone down and it's like kind of trickled down. But very slightly. Not, not a very significant drawdown.