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Stablecoins Supply Up By $20 Billion – The Key To Bitcoin’s Next Move?
🪙BTCUSD+4.81%🪙USDCUSD0🪙USDTUSD−0.01%
Early in 2025, there was a significant surge in the stablecoin market, with a $20 billion increase in total supply. With a 10% increase from January, the total supply now stands at almost $205 billion. The spike, according to data from Glassnode, comes after a dip in late 2024, when the supply of stablecoins fell from $187 billion to $185 billion.
Stablecoins See A Strong Rebound
For trading cryptocurrencies, stablecoins—like USDT and USDC—often act as a reserve for investors expecting the right time to buy assets like Bitcoin. The most recent rise shows that investor interest has surged, especially in view of last year’s slow down