Stablecoin market cap fell $16 billion in 10 weeks to a six-month low as the GENIUS Act drives capital toward tokenized Treasuries and

Stablecoin market cap fell 1.6% in Q2 2026 to $305.1B, the first quarterly drop since 2023, even as transaction volumes hit a record $1.79T in

Stablecoin market value has declined by about $10 billion from its May peak, marking the sharpest monthly contraction since 2022.