STABLECOIN MARKET POSTS BIGGEST DROP SINCE TERRA COLLAPSE The stablecoin market shrank 2.4% ($7.7 billion) to $312 billion in June, marking its biggest monthly decline since the 2022 TerraUSD collapse. The drop came alongside an 18% fall in Bitcoin and several stablecoin depegs. Bitcoin, Ethereum and XRP were all lower in today's trading.(*Walter Bloomberg)