Stablecoin market shrinks by $2.2B as investors rotate from crypto to gold
The combined market capitalization of the top stablecoins has declined sharply in recent days, as some capital appears to be rotating out of the cryptocurrency ecosystem and into traditional safe-haven assets like gold and silver.
According to recent on-chain analytics, the total market cap of the 12 largest stablecoins fell by approximately $2.24 billion over the past 10 days, reflecting a meaningful contraction in stablecoin supply and liquidity available for crypto trading or re-entry.
According to a post on X by cryptocurrency analytics firm Santiment, stablecoin market capitalization has declined significantly, along with Bitcoin’s price. However, demand for gold and silver has increased, indicating that people are moving…
