Google searches for "stablecoin" fell to 31 in June. That is sharply down from 98 in May and the all-time high of 100 in August 2025.
June data are partial because the month is not yet over. Based on the current trend, the June reading is estimated at about 45, down 54 percent from 98 in May.
The August 2025 peak in searches coincided with debate over passage of the Genius Act and a series of announcements by Stripe, Visa, Mastercard and U.S. banks on issuing stablecoins.
Stablecoin supply is also stalling. Total stablecoin supply peaked near $300 billion in early June and fell by nearly $5 billion in three weeks. The year-to-date supply growth rate now stands at just 0.23 percent. That compares with growth of 56 percent in 2024 and 46 percent in 2025.
Chi-kyu Hwang
delight@d-today.co.kr