$13.88B of stablecoin supply has left since the 90-day peak. Total supply now sits at $306.46B, down 4.3% from $320.34B and barely above the $305.34B low.
That made me look twice.
This moves slower than a price candle and matters more. Stablecoin supply is buying capacity already on-chain, and the pool hasn’t rebuilt. It can’t tell us where those dollars went or when they’ll return. Whatever $BTC and $ETH do day to day, aggregate liquidity remains weaker than at the peak.
Not financial advice. Do your own research.
That made me look twice.
This moves slower than a price candle and matters more. Stablecoin supply is buying capacity already on-chain, and the pool hasn’t rebuilt. It can’t tell us where those dollars went or when they’ll return. Whatever $BTC and $ETH do day to day, aggregate liquidity remains weaker than at the peak.
Not financial advice. Do your own research.
