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<p>💵 The stablecoin market cap has shed $12.73B since May 22 and now sits at $300.36B (DefiLlama, Oct 25)

🔻 $USDC: $71.74B, down $4.69B in 30 days, about 80% of the monthly contraction
🔻 $USDT: $182.42B (60.74% share), down $1.29B in 30 days
🔻 $USD1: -$444.67M, $USDe: -$305.61M
🟢 $PYUSD: +$239.53M, $USDf: +$511.16M
🔻 Tokenized Treasuries: $16.2B (Aug 12) to $14.65B (Oct 25)
Crypto’s dry powder is thinning, with $BTC near $80K, well below its $126K peak. But supply alone can’t show whether capital left crypto or just moved elsewhere.
#Stablecoins #Crypto</p>

💵 The stablecoin market cap has shed $12.73B since May 22 and now sits at $300.36B (DefiLlama, Oct 25)
🔻 $USDC: $71.74B, down $4.69B in 30 days, about 80% of the monthly contraction
🔻 $USDT: $182.42B (60.74% share), down $1.29B in 30 days
🔻 $USD1: -$444.67M, $USDe: -$305.61M
🟢 $PYUSD: +$239.53M, $USDf: +$511.16M
🔻 Tokenized Treasuries: $16.2B (Aug 12) to $14.65B (Oct 25)
Crypto’s dry powder is thinning, with $BTC near $80K, well below its $126K peak. But supply alone can’t show whether cap

💵 The stablecoin market cap has shed $12.73B since May 22 and now sits at $300.36B (DefiLlama, Oct 25) 🔻 $USDC: $71.74B, down $4.69B in 30 days, about 80% of the monthly contraction 🔻 $USDT: $182.42B (60.74% share), down $1.29B in 30 days 🔻 $USD1: -$444.67M, $USDe: -$305.61M 🟢 $PYUSD: +$239.53M, $USDf: +$511.16M 🔻 Tokenized Treasuries: $16.2B (Aug 12) to $14.65B (Oct 25) Crypto’s dry powder is thinning, with $BTC near $80K, well below its $126K peak. But supply alone can’t show whether capital left crypto or just moved elsewhere. #Stablecoins #Crypto

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