Stablecoin transfer volumes have dropped by 19.18% over the past 30 days, reaching $8.31 trillion, according to recent data. Despite this decline, the total market capitalization of stablecoins increased by 2.06% to $305.29 billion, with the number of holders rising by 2.32% to 246.94 million. In terms of net inflows, Tether's USDT led the market with $3.6 billion, followed by Circle's USDC with $2 billion, and MakerDAO's DAI with $1.2 billion. Conversely, Ethena's USDe experienced the largest net outflow, amounting to $1.1 billion, highlighting a significant shift in stablecoin dynamics.