Stablecoin rails slow 19%, but dollar tokens quietly keep compounding

Stablecoin transfer volume fell 19.18% to $831B in 30 days, yet market cap and holders rose as USDT, USDC, and DAI added billions while Ethena’s USDe saw $1.1B outflows. Stablecoin transfer volume declined 19.18% to $831 billion over the past…