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Google search interest in the term "stablecoin" has dropped 54% this month, a retreat that coincides with aggregate stablecoin supply reversing a 10-month expansion that ran through 2025.
The pairing of falling search demand and shrinking on-chain supply marks a notable shift in momentum after last year's growth cycle.
Search Signal Flags Fading Retail Attention Google Trends data is a noisy but honest proxy for retail curiosity — people search for things they are about to buy, confused by, or newly aware of.
A 54% drop in "stablecoin" queries is not a rounding error.
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