Stablecoin supply falls to $29.85B, lowest since August

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Stablecoin supply dropped to $29.85 billion on November 1, 2026, a $3.1 billion decline from October 28 and the lowest level since August. Altcoins to watch may attract increased attention as stablecoin outflows continue. Total supply has fallen by $5.2 billion since January 1, 2026, reversing earlier gains. A peak of $31.55 billion was reached on May 17, but the market has since failed to surpass that resistance level.

PANews, November 1: According to Sumcap data, since October 28, the total supply of stablecoins has decreased by $3.1 billion, dropping to $298.5 billion—the lowest level since August—and is now $5.2 billion lower than on January 1, 2026. Previously, Milk Road noted that in 2025, stablecoin supply increased by approximately $100 billion, surging 49% from $203.2 billion to $303.7 billion. Between January 1, 2026, and October 28, the overall supply contracted by $2.1 billion. The yearly peak of $315.5 billion occurred on May 17, after which the entire increase was reversed.

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