A post by @WatcherGuru on X.
JUST IN: Crypto stablecoin supply drops by $14.2 billion, largest decline since the 2022 bear market.
@WatcherGuru on X
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Crypto stablecoin supply contracted by $14.2 billion, the largest decline since the 2022 bear market, according to Watcher.Guru. The drop signals that capital is exiting the stablecoin market rather than rotating into risk assets, a potential warning for liquidity across crypto trading venues. It matters because stablecoin supply is a key gauge of dry powder available to buy bitcoin, ether and other tokens. Watch whether the contraction continues in the coming weeks or stabilizes, and whether it coincides with weaker spot volumes and declining total market capitalization.
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