USDC market cap falls $4.69 billion over 30 days
- —USDC lost $4.69 billion in market cap over 30 days to October 25
- —That is 80.6% of the $5.82 billion net decline across 13 stablecoins
- —DeFiLlama shows USDC at $71.74 billion, down 5.01% over 30 days
- —Circle: $45.9 billion issued vs $49.1 billion redeemed in 30 days to October 22
Why it matters: Contraction in the largest regulated stablecoin points to liquidity draining from crypto markets.
Source: TokenPost