Stablecoin Supply Shrinks by $856M in a Week as DEX Spot Volume Drops 19%
- —Stablecoin outflow totaled $856 million last week, roughly 0.3% of total supply
- —Ethereum lost $726 million and Solana $619 million, while Tron gained $526 million
- —Spot DEX volume fell 19.34% to $47.84 billion, with Uniswap down 25.8%
- —Perpetual futures DEX volume rose 8.2% to $149.39 billion
Why it matters: Shrinking stablecoin supply and falling spot volumes signal reduced buying power, raising the risk of further price declines.
Source: BeInCrypto