Latest Stablecoin Market Update. 📉
A significant change this week: the total market capitalization of stablecoins has declined over the past 7 days.
In previous weeks, we consistently saw stablecoin growth and new funds flowing into the market. This week, however, the opposite has occurred: funds have flowed out slightly.
This in itself doesn't necessarily indicate a trend reversal, but it does suggest:
- Reduced new liquidity
- A more demanding market environment
- Risk assets may be more susceptible to market sentiment and fund flows
The stablecoin supply is still on an upward trend, but short-term fluctuations like this require close monitoring.
I track this metric daily. It's one of the clearest signals of real demand.
Chart source: @DefiLlama