The stablecoin market experienced a second consecutive week of outflows, with $1.244 billion, or 0.41%, leaving the sector. This follows a $1.925 billion decline the previous week, reducing the total market capitalization to $304.246 billion as of November 15, 2025. Tether's USDT saw a slight increase of 0.16%, while Circle's USDC and Ethena's USDe fell by 1.20% and 6.10%, respectively. Notably, USDtb dropped 16.30%, whereas PayPal's PYUSD and Circle's USYC surged by 22.20% and 9.54%, respectively.