Stablecoin supply is shrinking at its fastest pace since 2022. ๐
๐ Supply: Total stablecoin supply fell $14.2 billion in 30 days, the biggest drop since June 2022, Glassnode reports.
๐ธ Leaders: USDT and USDC shed nearly $11 billion between them. USDT alone is down $6.6 billion in 60 days, more than double its post-FTX drop.
๐ Level: Total supply now sits just below $280 billion, a level last seen in September 2025.
๐ฎ Outlook: Glassnode says renewed supply growth would be the first sign of new money returning. Until then, the market is running on empty.
$ZEC $HYPE $MU
๐ Supply: Total stablecoin supply fell $14.2 billion in 30 days, the biggest drop since June 2022, Glassnode reports.
๐ธ Leaders: USDT and USDC shed nearly $11 billion between them. USDT alone is down $6.6 billion in 60 days, more than double its post-FTX drop.
๐ Level: Total supply now sits just below $280 billion, a level last seen in September 2025.
๐ฎ Outlook: Glassnode says renewed supply growth would be the first sign of new money returning. Until then, the market is running on empty.
$ZEC $HYPE $MU
