Aggregate stablecoin supplies have declined by a total of $8.4B over the last month, the largest in history.

This reflects a net capital outflow from the space.

Last week, $USDC expanded by $2.64B, whilst $DAI contracted by over 24%, as debt positions were closed or liquidated.

You can find out more about the overall shifts occurring in the stablecoin market from our written or video reports.

Live Chart