USDT and USDC Supply Returns to Growth After Three-Month Contraction, Up $1.7 Billion in August Data compiled by WuBlockchain on USDT and USDC circulating supply show that their combined circulating supply increased by about $1.7 billion in August 2026, ending three consecutive…
nths of contraction. Combined supply fell by roughly $2.6 billion, $6.0 billion and $2.2 billion from May through July, respectively
Historical data suggest that monthly stablecoin growth above $10 billion marks an important threshold for stronger liquidity expansion. Monthly increases exceeded $18 billion in 2021 and again in late 2024, while growth repeatedly reached $8 billion to $12 billion during the 2025 bull market. By comparison, the current $1.7 billion increase remains modest.
Although BTC has rebounded from around $60,000 to nearly $80,000, stablecoin supply growth has yet to recover to levels seen during previous bull-market phases, suggesting that the current move reflects an early-stage liquidity recovery rather than a new phase of large-scale liquidity expansion. — link