Stablecoin Supply Shrinks $6.7 Billion in a Week, Marking the Steepest Drop of 2026
Key Highlights: Total stablecoin market supply suffered ten consecutive daily drops, falling from $303.25 billion on 23 October to $292.31 billion on 7 November 2026. Market leaders Tether (USD₮) and Circle (USDC) accounted for roughly two-thirds of the weekly drop, shedding $3.10 billion and $1.31 billion respectively as institutional holders redeemed tokens at par. DefiLlama ...