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Stablecoin Supply Plummets $14.2 Billion in Sharpest Drop Since 2022

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Stablecoin supply has experienced a dramatic decline of $14.2 billion over the past 30 days through November 9, marking the steepest drop since June 2022, according to Glassnode. This contraction comes amid significant outflows from U.S. spot Bitcoin ETFs, which saw $1.6 billion in net outflows…

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