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Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The bank said it sees little evidence of leverage rebuilding in the decentralized finance (DeFi) ecosystem.

Quantitative tightening in the crypto financial system has resumed, Morgan Stanley says. (Steve Buissinne/Pixabay)
Quantitative tightening in the crypto financial system has resumed, Morgan Stanley says. (Steve Buissinne/Pixabay)