Stablecoin Google searches and supply growth slow sharply

Google search interest in stablecoins has plummeted, while supply growth has also slowed, The Block reported, citing its own data. The publication noted that the Google search index for 'stablecoin' stands at 31 so far in June, a significant drop from 98 in May. This projects to a monthly index of around 45, representing a 54% decrease from the previous month. Search interest previously peaked in August 2025 amid discussions of the GENIUS Act and stablecoin-related announcements from Stripe, Visa, Mastercard, and major U.S. banks. Furthermore, the total stablecoin supply, which peaked at approximately $300 billion in early June 2026, has decreased by about $5 billion over the past three weeks. The supply has grown by only 0.23% since the start of the year, a marked slowdown from the 56% and 46% growth seen in 2024 and 2025, respectively.