Stablecoin Supply Drops $14.2 Billion in Largest Monthly…
By Karthik Subramanian
AI summary of the source article
Stablecoin supply contracted by approximately $14.2 billion over a 30-day period, marking the largest monthly drop in more than four years. The decline was led by Tether's USDT and Circle's USDC alongside $1.6 billion in Bitcoin ETF outflows.
Why it matters
The contraction highlights that "sustained buying demand may be harder to maintain while stablecoin liquidity and institutional fund flows remain under pressure."
Key facts
- Approximately $14.2 billion in stablecoins left circulation over 30 days, driven by nearly $11 billion in combined USDT and USDC redemptions.
- U.S. spot Bitcoin ETFs experienced roughly $1.6 billion in net outflows over 20 trading sessions.
- Despite the contraction, monthly stablecoin transaction volumes exceeded $1 trillion throughout 2026.
Source excerpt · FinanceFeeds
Glassnode reports the sharpest 30-day decline in stablecoin supply in more than four years, as Tether and USDC redemptions reduce cryptocurrency market liquidity amid persistent Bitcoin ETF outflows. The global cryptocurrency market has experienced its largest monthly stablecoin supply contraction since the 2022 bear market, with approximately $14.2 billion disappearing from circulation over a 30-…