Stablecoin Velocity Hits 49.7x Annualized as Bitcoin ETF Outflows Reach $6.6B

Stablecoin usage is expanding beyond trading, with filtered transaction velocity reaching a record 49.7 times annualized as supply stands near $320 billion and filtered volume totals $6.64 trillion in under five months. Meanwhile, spot bitcoin ETFs have recorded peak-to-date drawdowns of $6.6 billion since outflows began in October 2025, and ethereum ETF flows weakened through much of May 2026.