Bitcoin.com Cites Allium Data in the $15B Stablecoin Supply Drop Story

Bitcoin.com's coverage of stablecoins shedding $15B in supply — the biggest contraction since Terra — cited Allium data, via the Visa Onchain Analytics Dashboard, for onchain stablecoin transaction volume.

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Bitcoin.com Cites Allium Data in the $15B Stablecoin Supply Drop Story

Bitcoin.com cited Allium data in its August 2, 2026 report on the stablecoin market, Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra. The story tracks the largest contraction in stablecoin supply since the 2022 Terra collapse, and turns to onchain data to size the transaction activity underneath it.

What it is

The article reports that total stablecoin supply fell by roughly $15 billion since May 2026. Alongside the supply picture, it leans on onchain transaction data from the Visa Onchain Analytics Dashboard, which is powered by Allium, to show how much money kept moving across stablecoins through the drawdown: about $1.8 trillion in adjusted transaction volume in June 2026, up 63% month over month, with USDC settling $1.21 trillion and USDT $576 billion.

Why it matters

Supply and usage are two different questions. A shrinking float does not mean stablecoins are being used less, and this is where onchain measurement earns its place: it separates dollars parked from dollars moving. Allium powers the transaction-volume side of that read for the Visa Onchain Analytics Dashboard, so when a newsroom needs to show settlement activity next to a supply headline, the underlying numbers trace back to Allium's stablecoin data.

Attribution

Bitcoin.com News desk. Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra. Bitcoin.com, August 2, 2026.

Read the coverage: news.bitcoin.com