Global Lending Protocols Experience Significant TVL Decline

According to BlockBeats, data from DefiLlama indicates that the total value locked (TVL) across global lending protocols has decreased to $68.342 billion, marking a reduction of $11.96 billion from $80.302 billion reported on November 3. During the same period, the total market capitalization of stablecoins also saw a notable decline, dropping by 0.71% over the past week, which equates to a decrease of $2.17 billion.