Stablecoin supply drops $13.9 billion in a month, Tron's USDT hits $90.3 billion record

iconKuCoinFlash
Share
AI summary iconSummary
Stablecoin transaction volume reached $8.82 trillion in H1 2026, demonstrating strong real-world adoption. USDT led with over half the market share. The combined supply of USDT and USDC declined by $13.9 billion since early 2026, with USDT down $7.4 billion and USDC down $6.5 billion. Tron’s USDT supply reached $90.3 billion, up $2 billion in one month. Ethereum-based stablecoins experienced the largest declines. Altcoins to watch may benefit from shifts in stablecoin usage.

BlockBeats news, on July 11, according to EmberCN monitoring, due to the overall sluggishness of the crypto market in recent months, the combined circulating supply of USDT and USDC has decreased by approximately $13.9 billion, with USDT decreasing by about $7.4 billion and USDC decreasing by about $6.5 billion.


However, adoption of stablecoins in real-world economic scenarios continues to grow. In the first half of this year, the real-world transaction volume (ATV) of stablecoins reached $8.82 trillion, nearing last year’s full-year record of $10.8 trillion, with USDT accounting for more than half.


Amid a general decline in the total issuance of stablecoins, USDT issuance on the Tron chain has risen against the trend to a record high of $90.3 billion, with approximately $2 billion added over the past month. This indicates that the reduction in issuance primarily stems from the Ethereum ecosystem, which is dominated by DeFi, while Tron continues to see steady growth in demand for real-world applications such as cross-border transfers and payment settlements.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.