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Demand for stablecoins grows as market prepares for volatility Demand for stablecoins grows as market prepares for volatility

Demand for stablecoins grows as market prepares for volatility

with insights from Glassnode

The rising stablecoin supply represents pent up liquidity ready to be deployed on first signs of volatility.

Demand for stablecoins grows as market prepares for volatility

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The circulating supply of stablecoins has surged dramatically this year โ€” peaking at $150.87 billion โ€” indicating a shift toward stability and risk management among crypto investors. Tether's dominance shines with USDT's supply rising significantly, while USDC also boasted substantial growth thanks to its regulatory compliance. Meanwhile, BUSD and TUSD experienced sharp declines, facing regulatory hurdles and waning interest. This intriguing trend becomes even more fascinating when examining how the Stablecoin Supply Ratio (SSR) might...