Woofun AI data shows that the aggregate market capitalization of stablecoins declined by approximately $10 billion over the last quarter, settling at roughly $300 billion. USDC experienced the most significant capital withdrawal, dropping from $79.6 billion to $73 billion, representing a $6.6 billion outflow.

Meanwhile, USDT reserves fell from $189.8 billion to $184.1 billion, marking a $5.7 billion reduction.