📉 Stablecoin market cap is shrinking as part of crypto liquidity rotates into rising precious metals, according to CryptoQuant.

While gold and silver push to new highs, some capital appears to be moving out of stablecoins and into traditional safe-haven assets.

☝️Less stablecoin supply often means reduced immediate buying power on crypto exchanges - something worth watching closely.

🤔Is this just temporary risk-off behavior… or a deeper liquidity shift?
$BTC $XAU $XAG

XAUUSDT

Perp

4,983.68

+2.05%

XAGUSDT

Perp

77.22

+5.00%

BTC

66,458.05

-1.66%