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Stablecoin Liquidity Cools Following $300B+ Market Peak

January 27, 2026
The global stablecoin market capitalization reached a temporary ceiling this week. DefiLlama data shows the sector declined to $309.066 billion as of Monday. The figure represents a retreat from the record high of $311.332 billion reached on January 18. This reduction in digital dollar liquidity coincides with a broader de-risking phase across the digital asset

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