Morning Edition · Tuesday, July 28, 2026Published at 1:30 AM EDT · New York
Stablecoin Supply Fell 7.7 Billion Dollars in June Even as Settlement Volume Set a High
Adjusted transfers reached a reported 1.79 trillion dollars led by USDC, while total circulating supply now stands near 308 billion, as X launched US payment accounts paying up to 6 percent.
Stablecoin circulating supply fell by 7.7 billion dollars in June even as adjusted on-chain transfers reached a reported 1.79 trillion dollars, with USDC leading settlement activity. The two figures moving in opposite directions describe a…
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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.
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