Stablecoin Market Retreats $7.7B in June, Largest Monthly Decline Since Terra Collapse

According to Odaily, the stablecoin market experienced its largest monthly decline since Terra's May 2022 collapse in June 2026, with total market value falling by $7.7 billion. Since its May peak, the market has contracted by approximately $10 billion, driven mainly by major issuers: Tether's USDT dropped from roughly $190 billion in May to $184 billion, a loss of about $6 billion, while Circle's USDC fell from a March 2026 high near $80 billion to approximately $73 billion, down $7 billion.

The current adjustment remains more moderate than the crypto winter of 2022, when stablecoin markets experienced cumulative declines exceeding 26%, according to CoinDesk.