Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace

Stablecoin market value has declined by about $14 billion from its May peak, marking the sharpest monthly contraction since 2022. Yet record settlement volumes suggest the sector is becoming a faster-moving payments network rather than a store of idle digital dollars. Stablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply […]