A newly published report reveals that in February, the total market capitalization of the stablecoins in the sector fell by 0.68% to $136 billion, making their lowest market capitalization since September 2021 and the eleventh consecutive monthly decline. CryptoCompare’s latest Stablecoins & CBDCs Report adds that the total market share of stablecoins in the sector is now sitting at 11.4%, down from around 12.31% in January. This is their lowest market share since April 2022. The decline, the report adds, highlights the “recent rally in the prices of crypto assets and the declining stablecoin market cap.” (cryptoglobe)