Analysis: Total Stablecoin Supply Shrinks by $14.2 Billion in 30 Days, Fastest Contraction Since June 2022

November 11: According to Glassnode, the total stablecoin supply has decreased by $14.2 billion over the past 30 days, the fastest contraction since June 2022. Glassnode believes that stablecoin supply returning to growth would be the first signal of new capital entering the market.