Stablecoin Supply Drops $13.9 Billion in a Month — Tron's USDT Hits Record $90.3 Billion
The combined circulating supply of USDT and USDC declined by $13.9 billion** since early 2026, with USDT decreasing by about **$7.4 billion and USDC by about $6.5 billion**. However, **Tron's USDT supply reached a record high of $90.3 billion, up $2 billion in one month**. Despite the supply decline, stablecoin **real-world transaction volume reached $8.82 trillion in H1 2026, nearing last year's full-year record of $10.8 trillion.
Risk reminder: Declining stablecoin supply suggests less dry powder available for buying pressure in the near term.
