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The stablecoin market has lost $10 billion since May, with a $7.7 billion decline in June – the largest monthly drop since 2022. USDT and USDC lead the reduction in supply. Despite this, tokenized assets are growing. The market remains near $312 billion, with USDT controlling 59%. Transaction volumes remain strong. Regulatory changes and new issuers are reshaping the market. Investors are monitoring July data for signs of demand returning or weakening further.
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