Stablecoin supply entered November below its Jan. 1 level, though a $1.9 billion rebound from Oct. 30 lifted the total to $298.5 billion, keeping it near the $300 billion mark.
The Oct. 28 comparison shows the recovery has not erased the earlier pullback. Supply was already $2.1 billion below its Jan. 1 level by Oct. 28, reversing its year-to-date increase; the Nov. 1 total was $3.1 billion lower than that reading.
The update follows EconoTimes’ Oct. 30 report on DeFi activity and stablecoin supply, which put supply at $296.6 billion and noted it was below $300 billion.
The 2026 peak was $315.5 billion on May 17. Over 2025, supply increased about $100 billion, or 49%, from $203.2 billion to $303.7 billion.
