Markets· ★★★· bearish·

Crypto's Waiting Room Empties: Zerocap Clients Cash Out USDT as Stablecoin Supply Drops $2.12B

  • —USDT supply fell $1.11B (−0.61%) and USDC $1.01B (−1.39%) in a week
  • —Zerocap clients moved USDT into plain dollars, not USDC as in the prior week
  • —Circle's Q2 2026 reserve return was 3.48%, income kept by the issuer
  • —Zerocap expects the Fed to hold rates at 3.75–4.00% this week
Why it matters: Stablecoin redemptions into fiat point to fading risk appetite, with capital leaving crypto rails entirely rather than rotating between tokens.
#USDT#USDC
Source: Coindoo
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