Stablecoin market loses $26 billion since May peak in steepest drop since 2022
AI summary
The stablecoin market has shed $26.15 billion since its May 2026 peak, with tokenized U.S. Treasury funds also contracting, according to market data cited by Bitcoin.com News. The decline marks the steepest drop in the sector since 2022 and points to shrinking on-chain dollar liquidity. Traders watch stablecoin supply as a proxy for available capital and buying power, so a contraction of this size signals less dry powder waiting on the sidelines.
