VanEck Research Head: Stablecoin Supply Decreased by $11.5 Billion in 30 Days
Original headlineVanEck 研究主管：稳定币供应 30 天减少 115 亿美元
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Stablecoin supply contracted by $11.5 billion, or 3.8%, over the past 30 days to $291.2 billion, leaving it 7% below its 52-week high, according to VanEck digital asset research head Matthew Sigel. Tether accounted for $5.7 billion of the decline and Circle for $3.2 billion, together roughly three-quarters of the drop. Among the 37 stablecoins with supply above $100 million, the median 30-day change was just -1%, but the median drawdown from each token's 52-week peak reached 23%. The data points to broad de-risking across stablecoin liquidity rather than a single issuer's redemption, a signal worth watching for its impact on crypto market depth and trading volumes.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Tether, Circle (CRCL), USDT, VanEck, Matthew Sigel
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