According to CoinMeta, as reported by milk, road, and crypto, the total supply of stablecoins increased from $203.2 billion in 2025 to $303.7 billion in 2026. From January 1 to October 28, 2026, the total supply of stablecoins decreased by about $2.1 billion to around $301.6 billion. On May 17, the supply of stablecoins reached a peak of $315.5 billion before declining. Among them, the supply of USDT and USDC decreased by $5.3 billion and $4 billion respectively during the year, while the supply of other stablecoins increased by a total of $7.2 billion. During the same period, the price of Bitcoin fell by about 7%.