The supply of Berachain stablecoin has dropped to 550 million USD in one month.

According to Wu’s report, the Gate.io News bot states that the total supply of Berachain stablecoin has seen a large outflow in the past month. Data shows that the total supply of stablecoins has dropped from a peak of $1.4 billion to $550 million. Among them, the supply of the native stablecoin Honey has decreased from $740 million to $280 million.

The total locked value of mainstream cross-chain assets on the platform is ( TVL, which has decreased from a peak of 3.5 billion USD to 2.7 billion USD, but mainstream assets such as BTC and ETH remain stable. Currently, the TVL of mainstream cross-chain assets mainly comes from the deposit funds in the Boyco market.

It is reported that Boyco’s 90-day locked fund pool and related rewards will be unlocked on May 6.

Source: Wu Shuo