Don't just look at Google Trends for this stablecoin story.
ChainCatcher cites The Block data: related searches fell from 98 in May to 31 in June.
Supply-side sentiment has cooled as well.
After global stablecoin supply rose to around $300 billion in early June, it pulled back by about $5 billion; this year it has increased by only 0.23% so far.
This isn't saying stablecoins are useless.
It’s more like the retail narrative is fading—real payment, settlement, and lending use cases now need to start proving themselves.
The headline buzz is gone, but the pipeline is still there.
ChainCatcher cites The Block data: related searches fell from 98 in May to 31 in June.
Supply-side sentiment has cooled as well.
After global stablecoin supply rose to around $300 billion in early June, it pulled back by about $5 billion; this year it has increased by only 0.23% so far.
This isn't saying stablecoins are useless.
It’s more like the retail narrative is fading—real payment, settlement, and lending use cases now need to start proving themselves.
The headline buzz is gone, but the pipeline is still there.