Some light reading material15 Mar 2025 16:59
Article is long but I’m sure you can find the link!!!
Stablecoin Supply Breaks Records—Is the Crypto Bull Market Still Alive?
MARCH 15, 2025 BY KASHIF SALEEM
In April 2022, the supply of stablecoins reached its highest point at $187 billion, coinciding with the peak of the market cycle.
Now at $228B, stablecoin supply keeps rising, showing the market is in a middle-phase cycle.
Historically, rising stablecoin supply suggests the market hasn’t yet reached its peak.
A significant rise in the supply of stablecoins is fueling confidence that the crypto bull market continues its momentum. As of March 15, data from DeFiLlama indicates the total market capitalization has surged to $228.98 billion. This growth suggests liquidity remains strong, with investors keeping funds in digital assets rather than cashing out.
Crypto analytics firm IntoTheBlock reported on March 14 that stablecoin supply frequently reaches its highest levels when the broader crypto market is near its peaks. Back in April 2022, the supply hit a previous high of $187 billion, coinciding with a major cycle before the market experienced a downturn. As supply now exceeds past records and continues to grow, analysts indicate that the market may not have reached its peak yet.