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📊 Stablecoin Data Tells a Different Story USD stablecoins’ share of cash in circulation climbed from under 1% in 2020 to 12.3% in April 2026, but has since slipped to 11.9%. At the same time, $BTC is down roughly 27% YTD, while stablecoin market cap just recorded its first quarterly decline since Q3 2023. 🤔 That doesn’t exactly look like fresh capital aggressively rotating into crypto. The key question now is whether liquidity starts expanding again — or if the market remains in a capital-preservation phase. #PayrollsDropCPIFocus #AIMemoryStressTest #SpaceXUnlockRebound