Tether (USDT) announced that its circulating supply has shrunk by approximately $6 billion since its May 2026 peak, contributing to a broader $10 billion decline across the stablecoin market. The contraction raises price‑stability concerns among investors tracking blockchain‑based crypto assets.
Overall Stablecoin Market Contraction
Since May 2026, the total value of stablecoins in circulation has slipped by roughly $10 billion, marking a 3 % reduction from its earlier
