---
title: "Stablecoin supply drops $14.2 billion in largest contraction since 2022 bear market"
url: https://thecoingazette.com/stablecoin-supply-drops-14-2-billion-in-largest-contraction-since-2022-bear-market/
date: 2026-11-11
modified: 2026-11-11
lang: en
author: "Coin Gazette Editorial"
description: "USDT and USDC supply fell nearly $11 billion over the past month, while gold-backed tokens held steady."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 17
---

# Stablecoin supply drops $14.2 billion in largest contraction since 2022 bear market

USDT and USDC supply fell nearly $11 billion over the past month, while gold-backed tokens held steady.