$USDC Crypto's pool of stablecoins is shrinking at its fastest pace in more than four years, alongside a stalled market recovery
A Wednesday report from Glassnode found that the supply of major stablecoins fell by $14.2 billion over the past 30 days, the biggest drop since the 2022 crypto bear market. For comparison, the 30-day stablecoin supply decline nearly reached $30 billion in June 2022, roughly five months before bitcoin reached its bear market low of $15,500 that November.
The total stablecoin supply now sits just below $280 billion, levels not seen since September 2025.
A Wednesday report from Glassnode found that the supply of major stablecoins fell by $14.2 billion over the past 30 days, the biggest drop since the 2022 crypto bear market. For comparison, the 30-day stablecoin supply decline nearly reached $30 billion in June 2022, roughly five months before bitcoin reached its bear market low of $15,500 that November.
The total stablecoin supply now sits just below $280 billion, levels not seen since September 2025.
