Stablecoins lost $12.4B since May, while Tether held firm as yield-focused rivals battled for market share and demand.

Stablecoins lost $12.4B since May, while Tether held firm as yield-focused rivals battled for market share and demand.

The stablecoin market lost $7.7B in June 2026, its largest monthly drop since Terra-Luna. Here's what the contraction means for crypto liquidity and