Santiment: Top 12 stablecoins drop $2.24B in 10 January days amid move to metals

On January 26, 2026, Santiment said the combined market cap of the top 12 stablecoins fell $2.24 billion over a ten‑day stretch in January, alongside a -8% Bitcoin move. The firm framed this as capital rotating into safe havens, with gold above $5,000/oz and silver over $110/oz, signaling weaker on‑chain buying power.