Sonic and Stellar see shrinking stablecoin economies.
According to data from DefiLlama at time of writing, both
@StellarOrg and
@SonicLabs have seen their respective stablecoin market caps shrink double-digit %s this week.
- Stellar [-20.65%]
- Sonic [-14.48%]
That said, both blockchains remain serious players in the stablecoin sector, currently ranked 20th and 27th largest stablecoin networks, respectively.