Stablecoin Recap Jun 8–15, 2026: USDC experienced a $0.754 billion outflow.

The total stablecoin market capitalization decreased from $309.47 billion to $307.95 billion, a decline of $1.46 billion or 0.47%. During a week that also saw confirmed depeg events for USDL and USD1, the overall market contraction was observed.

Global Dollar (USDG) led gains with an inflow of $0.1 billion. Palm USD (PUSD) and Ondo U.S. Dollar Token (USDON) followed, adding $0.041 billion and $0.039 billion, respectively. In the same period, USDC recorded the largest outflow of $0.754 billion. Osmosis allUSDT saw a reduction of $0.426 billion, while USD1 [Old] decreased by $0.163 billion. Zelle launched its stablecoin ZLUSD, with plans for app payments to India by the end of 2026. Bitso, in partnership with Ripple, introduced the peso-backed MXNB on the XRP Ledger. MassPay collaborated with Coinbase to expand stablecoin payouts.

USDT ended the week with a dominance of 60.7%, up 0.16 percentage points. USDC's dominance fell to 24.4%, a decrease of 0.12 percentage points. USDL depegged to a low of $1.09, 9.0% off its peg, while USD1 dropped to $1.055, 5.5% off its peg. New York aimed to retain its stablecoin issuers while adhering to the federal rulebook. Tether expanded its robotics initiatives, playing a lead role in NEURA's funding round exceeding $1 billion.

Zelle launched its stablecoin ZLUSD, targeting app payments to India by the end of 2026. Bitso partnered with Ripple to introduce the peso-backed MXNB stablecoin on the XRP Ledger. MassPay collaborated with Coinbase to expand stablecoin payout capabilities. Tether expanded its robotics focus, taking a lead role in NEURA's substantial funding round.

No directly relevant macro developments were recorded this week.