Stablecoin market supply falls $7.7 billion in June, led by USDT and USDC declines
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🚨 Over $7.7 billion left the stablecoin market in June, the biggest drop since 2022.
💸 USDT and USDC supplies fell by $6 billion and $7 billion, controlling over half the market.
📉 Capital flight mirrored $4 billion outflows from US Bitcoin ETFs in the same month.
🔎 The GENIUS Act set new federal rules for stablecoins as $USDT and rivals hold dollar pegs.
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