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Stablecoin supply drops $14.2 billion in largest contraction since 2022 bear market

USDT and USDC supply fell nearly $11 billion over the past month, while gold-backed tokens held steady.

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Stablecoin supply drops $14.2 billion in largest contraction since 2022 bear market
USDT and USDC supply fell nearly $11 billion over the past month, while gold-backed tokens held steady.

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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