# Stablecoin Supply Falls $14.2 Billion in a Month as Bitcoin Holds Near $73,700 After Hotter Inflation Data

CryptoSlate calls the drop the sharpest since June 2022, and spot bitcoin exchange-traded funds have kept recording outflows while large holders added coins.

- Published: 2026-11-12T05:46:45.461Z
- Canonical: https://polylog.news/crypto/2026-11-12/stablecoin-supply-falls-14-2-billion-in-a-month-as-bitcoin-h
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/bitcoin-faces-70000-test-as-14-2-billion-stablecoin-contraction-exposes-demand-weakness/), [crypto.news](https://crypto.news/bitcoin-price-stuck-73700-leverage-etf-outflows/), [crypto.news](https://crypto.news/bitcoin-bitfinex-november-22-etf-outflows/), [crypto.news](https://crypto.news/bitcoin-bull-score-zero-sentiment-bottom/), [CryptoSlate](https://cryptoslate.com/bitcoin-whales-stack-coins-while-etf-investors-dump-millions-daily/), [CoinDesk](https://www.coindesk.com/daybook-us/2026/11/11/bitcoin-barely-flinches-at-hot-cpi-as-etf-selling-slows), [Polylog editors](https://polylog.news), [Morningstar](https://www.morningstar.com/economy/october-cpi-report-shows-inflation-04-monthly-rate-above-forecasts)

Stablecoin supply has contracted by $14.2 billion over the past month, which CryptoSlate describes as the sharpest decline since June 2022. DeFiLlama puts total stablecoin circulation at $290.69 billion, with Tether's USDT at $175.63 billio…

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