USDT Has 60% of Stablecoin Supply and a Third of the Real Volume
USDT holds close to 60 percent of stablecoin supply, yet Visa adjusted data shows USDC settling nearly two thirds of the real dollars that actually move.
USDT holds close to 60 percent of stablecoin supply, yet Visa adjusted data shows USDC settling nearly two thirds of the real dollars that actually move.
An unsafe integer downcast let an attacker drain about $1.7M from a dormant Notional Finance escrow contract, and the stolen funds moved to Tornado Cash.
Scott Bessent bet stablecoins would become a big new buyer of US Treasuries. Supply has slipped to a six-month low as the GENIUS Act sends yield elsewhere.
The GENIUS Act set a one-year deadline for stablecoin rules that lapsed in July 2026. Regulators keep drafting while the market held near $303 billion.
Crypto card spending reached $759 million in July, but three programs ran most of it and USDC quietly overtook USDT at the point of sale.
Stablecoin supply fell for a third straight month to $308.3 billion, its longest decline since 2022. On-chain transfers and card top-ups kept climbing.
ENS tokenholders voted to move a $65 million endowment to a five-seat foundation board. A Security Council member found the spending caps unenforced.
The Bank of Italy sent USDC down ten routes and priced every leg. Stablecoin remittances ran 0.30% to 8.96%, and the chain took 0.4%.
Coinbase booked about $130 million of trading revenue in July's first 26 days. Its guided subscription line is set to pass it in Q3.
June stablecoin volume hit a record $1.79 trillion while supply shrank. USDC turned over its float 16 times. USDT managed three.
Kulipa is winding down over solvency and Solflare Card died at the till. The one hour notice it gave Ready users in June was the real tell.
One pre-market trade at a 29.96% discount dragged Hyperliquid's SK Hynix perp to $927, an hour before Seoul opened and crashed harder.
Headlines put the WEMIX breach at 6.25 million dollars. On-chain, 724,198 USDC.e left, capped by a stablecoin its own issuer had already retired.
Crypto built a $557M shadow market for SpaceX before its Nasdaq debut, pricing it above the IPO. Then the tokenized shares fell apart on Binance, Bybit and Bitget.
The delivery giant operates in 40+ countries and processed $75 billion in merchant sales last year. It is now working with Stripe-backed blockchain Tempo to replace fragmented regional payment rails with stablecoin payouts. Visa, Mastercard, and UBS are also on board.
A single exploit on April 19 triggered one of the fastest liquidity withdrawals the sector has ever seen, and the damage is still moving through the system.
USDC is the second-largest stablecoin and the most regulation-focused, issued by Circle with reserves held in cash and short-dated US Treasuries. This tag tracks USDC supply changes as a signal of institutional risk appetite, reserve attestations and transparency reporting, the GENIUS Act and MiCA frameworks that shape how compliant stablecoins operate, the freeze actions that test whether USDC behaves like cash or a permissioned asset, and its deep integration across DeFi, exchanges, and payment rails from Solana to Base. Coinliva covers the supply moves, the banking partnerships, the regulatory milestones, and Circle’s earnings as the stablecoin becomes core financial infrastructure.