Stablecoin supply shrinks by $14.2B in 30 days, Glassnode says

The fastest monthly contraction since June 2022 points to cautious investors and thinner crypto liquidity Stablecoins are supposed to be the boring part of crypto. This month, they became the most telling part. Total stablecoin supply fell by $14.2 billion over the 30 days ending November 10, 2026, according to on-chain analytics firm Glassnode. That is the largest monthly contraction since June 2022. Glassnode reported the decline on November 11. As of November 10, aggregate stablecoin supply had slipped into the low $290 billion range. Research compiled alongside the report puts the figure between $290 billion and $293 billion. That marks a multi-week low for the sector. In percentage terms, the monthly decline just passed 4%. Estimates of the total contraction land in a 4% to 5% range.

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