Stablecoin market cap grows by $987M as DEX volumes slide and corporations stack Bitcoin

Stablecoin market capitalization rose by about $987 million, indicating growing fiat-backed liquidity available for crypto markets. Concurrent declines in DEX volumes suggest trading activity is shifting away from decentralized venues, potentially toward centralized exchanges, OTC desks, or spot markets. Corporations are continuing to accumulate Bitcoin, which removes supply from circulation; combined with larger stablecoin balances ready on-ramps, this dynamic tightens available supply and increases the potential for upward price pressure when that liquidity is deployed.