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Stablecoin Market Sheds $12.7B as Crypto’s Dry Powder Runs Thin

The stablecoin market has shed $12.73 billion since May 22, slipping to $300.36 billion as of Oct. 25, 2026. Tether’s USDT and Circle’s USDC dominate the retreat, with the latter losing $4.69 billion over 30 days. Yet th...

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Stablecoin Market Sheds $12.7B as Crypto’s Dry Powder Runs Thin
The stablecoin market has shed $12.73 billion since May 22, slipping to $300.36 billion as of Oct. 25, 2026. Tether’s USDT and Circle’s USDC dominate the retreat, with the latter losing $4.69 billion over 30 days. Yet the familiar argument that shrinking stablecoin supply spells trouble for crypto prices faces a complication: Not every disappearing […]

Why this matters

Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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