Stablecoin supply decreased by $11.5 billion, or 3.8%, over 30 days to $291.2 billion
Original headline30일간 115억달러·3.8% 줄어든 스테이블코인 공급량 2912억달러
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Stablecoin supply fell by $11.5 billion, or 3.8%, over the past 30 days to $291.2 billion, according to VanEck digital assets research head Matthew Sigel. Tether and Circle accounted for roughly three-quarters of the decline, Sigel said in an X post on the 4th. The contraction matters because stablecoins are the primary settlement rail for crypto trading and a shrinking supply signals liquidity leaving the market. Watch whether the decline extends into a second month and whether Tether and Circle redemptions accelerate, which would point to sustained risk-off conditions across crypto venues.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Circle (CRCL), Tether, Matthew Sigel, VanEck
A linked name opens that asset's sentiment page.