Woofun AI data shows that the stablecoin market experienced its most significant monthly correction since the Terra-Luna collapse in May 2022, with total market capitalization decreasing by $7.7 billion in June. Since peaking in May, the sector has contracted by approximately $10 billion, primarily driven by declines in Tether's USDT and Circle's USDC.

Tether's USDT market cap fell from around $190 billion in May to $184 billion, a decrease of about $6 billion, while Circle's USDC dropped from nearly $80 billion in March 2026 to approximately $73 billion, a decline of roughly $7 billion. Although this adjustment is modest compared to the over 26% cumulative decline during the 2022 crypto winter, Wall Street institutions maintain optimism. Citigroup previously projected the global stablecoin market could reach $1.9 trillion by 2030 under a baseline scenario, or $4 trillion under an optimistic scenario.