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Rising stablecoin supply sets the stage for the crypto market to see a strong Q3 Rising stablecoin supply sets the stage for the crypto market to see a strong Q3

Rising stablecoin supply sets the stage for the crypto market to see a strong Q3

with insights from Glassnode Skew

Throughout the crypto market’s consolidation phase, the total supply of circulating stablecoins has been on the rise.

Rising stablecoin supply sets the stage for the crypto market to see a strong Q3

Photo by SH Lam on Unsplash

Throughout the crypto market’s consolidation phase, the total supply of circulating stablecoins has been on the rise.

Because this rise has come about independent of any type of notable selloff in the market, it appears that investors are pouring fresh capital into these digital assets.

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