Stablecoins: nearly $5 billion less in one week
Original headlineStablecoins : près de 5 milliards de dollars en moins en une semaine
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The total value of stablecoins in circulation fell by nearly $5 billion in a single week in early November, with both Tether's USDT and Circle's USDC posting declines, according to Cryptoast. The drop suggests capital may be exiting the crypto market, though the article frames this as an open question rather than a confirmed trend. Stablecoin supply is closely watched as a proxy for liquidity and buying power across crypto trading venues. Watch whether the contraction continues in the coming weeks and whether it translates into weaker spot volumes and prices across major chains and protocols.
Muhabbit's AI wrote this summary in its own words from Cryptoast's report and translated it from French. It can get details wrong, so check the source.
Named in this story
USDT, Circle (CRCL), Tether, USDC
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