{"id":75582,"date":"2026-07-18T19:10:41","date_gmt":"2026-07-18T19:10:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/12-billion-disappears-in-2-months-while-tether-refuses-to-flinch-bitcoin-news\/"},"modified":"2026-07-18T19:10:41","modified_gmt":"2026-07-18T19:10:41","slug":"12-billion-disappears-in-2-months-while-tether-refuses-to-flinch-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/12-billion-disappears-in-2-months-while-tether-refuses-to-flinch-bitcoin-news\/","title":{"rendered":"$12 Billion Disappears in 2 Months While Tether Refuses to Flinch \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Defillama data shows stablecoins lost $12.4B since May 17, 2026, marking the biggest pullback since 2022.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether\u2019s USDT held $184.1B as Sky\u2019s USDS dropped 12.3%, revealing widening issuer divergence.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Global Dollar\u2019s USDG climbed 9.08%, signaling yield and utility may drive the next phase of competition.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Stablecoin Market Sheds More Than $12 Billion Since Mid-May<\/h2>\n<p>The fiat-pegged <span>crypto<\/span> coin sector, as tracked by <a href=\"https:\/\/defillama.com\/stablecoins\" target=\"_blank\" rel=\"noopener noreferrer\">defillama.com<\/a> on Saturday, Jul. 18, shows that more than $1.5 billion in <span>stablecoin<\/span> value has exited the market since Jul. 11. In fact, the pullback has totaled more than $12 billion in outflows over the past 62 days, dating back to May 17, 2026. It\u2019s one of the largest contractions the <span>stablecoin<\/span> sector has seen in over four years.<\/p>\n<h2>The Biggest Players Barely Blink<\/h2>\n<p>This week, <a href=\"https:\/\/news.bitcoin.com\/tether-backs-argentine-neobank-uala-with-a-20-million-strategic-investment\/\">Tether<\/a>\u2018s <span>USDT<\/span> still wears the <span>stablecoin<\/span> crown with a $184.055 billion <span>market cap<\/span>, while Circle\u2019s USDC follows at $73.376 billion. The two heavyweights barely blinked over the past week, with <span>USDT<\/span> easing 0.06% and USDC slipping 0.04%. Sky\u2019s USDS holds third place at $6.66 billion but took the hardest hit among the top 10 <span>stablecoins<\/span>, tumbling 12.30%.<\/p>\n<p>Dai (DAI), World Liberty Financial\u2019s USD1 and Ethena\u2019s USDe fill out the middle of the pack, with USD1 falling 4.59% over the past week and Sky\u2019s DAI edging 0.43% lower. Global Dollar\u2019s USDG stole the show with the strongest weekly performance among the top 10, climbing 9.08% to a $3.164 billion <span>market cap<\/span>. <a href=\"https:\/\/news.bitcoin.com\/polymarket-cmo-used-personal-paypal-to-pay-influencers-politico-reports\/\">Paypal<\/a>\u2018s PYUSD also joined the winners\u2019 circle, adding 1.60% to reach $2.877 billion.<\/p>\n<figure id=\"attachment_832124\" aria-describedby=\"caption-attachment-832124\" style=\"width:1280px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-832124\" class=\"wp-caption-text\">Top ten <span>stablecoins<\/span> by market caps\u2019 percentage gains and losses over the last week.<\/figcaption><\/figure>\n<p>Circle USYC and Blackrock\u2019s BUIDL headed the other way, slipping 3.64% and 8.68%, respectively, leaving BUIDL with a $2.633 billion <span>market cap<\/span>. The mixed showing across tokenized treasury and yield-bearing <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> suggests this slice of the market is still sorting itself out, even as the two largest fiat-backed issuers barely broke a sweat.<\/p>\n<h2>Why the Timing Matters<\/h2>\n<p>The timing is the giveaway. This contraction began in mid-May and picked up speed during a stretch when <a href=\"https:\/\/news.bitcoin.com\/bitcoin-faces-65500-wall-as-daily-chart-volume-cools-after-mid-july-rebound\/\">bitcoin<\/a> and most major <a href=\"https:\/\/news.bitcoin.com\/12-altcoins-flash-accumulation-signals-as-6-others-see-exchange-inflows\/\">altcoins<\/a> largely held their ground instead of unraveling. That separates the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> pullback from the usual \u201crisk-off panic\u201d narrative. If fear were truly calling the shots, you\u2019d expect the decline to move in lockstep with a broader market selloff. So far, that script hasn\u2019t played out.<\/p>\n<h2>More Competition, Less Cash Parking<\/h2>\n<p>That shifts the conversation away from a simple <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bearish<\/a> interpretation. The bigger story may be a <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> market that\u2019s growing up, where issuers increasingly compete on yield, features and utility instead of merely offering a digital parking space for dollars.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/stablecoin-shakeup-12-billion-disappears-in-2-months-while-tether-refuses-to-flinch\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Defillama data shows stablecoins lost $12.4B since May 17, 2026, marking the biggest pullback since 2022. Tether\u2019s USDT held $184.1B as Sky\u2019s USDS dropped 12.3%, revealing widening issuer divergence. Global Dollar\u2019s USDG climbed 9.08%, signaling yield and utility may drive the next phase of competition. Stablecoin [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":75583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75582"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75582"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75583"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}