Morning Edition · Monday, July 13, 2026Published at 1:24 AM EDT · New York
Stablecoin Supply Contracts About $10 Billion From May Peak
June alone shed $7.7 billion, by CoinDesk's account the largest monthly dollar decline since the Terra collapse in 2022, as Tether and USD Coin both shrank.
The total supply of stablecoins has fallen roughly $10 billion from its May peak, with $7.7 billion of that redeemed in June alone, CoinDesk reported. By the outlet's account, June's dollar decline was the largest since the Terra-Luna crash…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
More from this edition
- Cantor and Adam Back Abandon Original Terms of 30,021-Bitcoin Treasury Merger
- Forged Oracle Signature Drains $9.05 Million From Hedera's Largest Lender
- Bitcoin's BIP 110 Anti-Spam Fork Nears Its Deadline With Zero Miner Support
- Privacy Layer-2 Networks Reframe Confidential Execution as an Institutional Requirement
- Ethereum Researchers Probe Sybil Attacks on a Proposed Censorship-Resistance Design
- Japan Pairs State Web3 Backing With Its First Point-of-Sale Stablecoin Trial
- Interpol Traces $122 Million Through a Single Wallet in Global Fraud Sweep
- Seized Crypto Moves From a Prisoner's Wallets, and a DeFi Loss Roundup
- Draft of the Clarity Act Said to Be Near, but Obstacles Remain
- Bitcoin Holds Near $63,800 as Fourth Round of US Strikes on Iran Moves Other Markets
- Ripple's CEO Says the Company Once Weighed Shutting Down and Handing XRP to Shareholders