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Stablecoin Supply Shrinks by $14.2 Billion in Biggest Drop Since 2022

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The supply of major stablecoins has plummeted by $14.2 billion over the past 30 days, marking the steepest decline since the 2022 crypto bear market. This contraction, reported by Glassnode on Wednesday, signals that holders are redeeming stablecoins for dollars, potentially reducing the market's…

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