The market capitalization of major stablecoins USDC and USDT has decreased by 3.6% and 2% respectively over the past 30 days, according to CryptoQuant analyst Darkfost. This decline highlights a continued tightening of liquidity in the cryptocurrency market. The trend of decreasing stablecoin market caps has been noticeable since November 2025, indicating ongoing challenges in maintaining liquidity across the crypto sector.