[Stablecoin Supply Decreases by $2.1 Billion Since 2026, After Growing by Over $100 Billion Last Year] According to a report by Jinse Finance on November 1st, citing data from DefiLlama cited by Milk Road Crypto, the total supply of stablecoins increased from $203.2 billion to $303.7 billion in 2025, a growth of approximately 49%. However, from January 1st to October 28th, 2026, the total supply of stablecoins actually decreased by approximately $2.1 billion, to approximately $301.6 billion. On May 17th of this year, the stablecoin supply reached a peak of $315.5 billion before declining. Among them, USDT and USDC saw their supply decrease by $5.3 billion and $4 billion respectively this year, while other stablecoins collectively increased by $7.2 billion, offsetting some of the decline. During the same period, the price of Bitcoin fell by approximately 7%.