Stablecoin Reserves Plummet 20% on Centralized Exchanges

The stablecoin reserves on centralized exchanges have seen a significant drop of about 20% in recent times. According to available data, these reserves had dwindled from nearly $80 billion in late 2025 to roughly $64 billion now.

This decrease means that there is less capital sitting on exchanges ready to be used for buying, which could thin the market's immediately available buying power.

However, a closer look at the data reveals that the total stablecoin supply has only decreased by 4.8% from its May high.

This suggests that the money may not have left the crypto ecosystem entirely, but rather is being held elsewhere on-chain.