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Data: Stablecoin supply surged by $30 billion in the first quarter
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2025-04-04 22:02 5,021
April 4th news, according to Cointelegraph, IntoTheBlock report shows that although the entire cryptocurrency market value fell 19% in the first quarter of 2025, the total supply of stablecoins increased by more than $30 billion in the first quarter. IntoTheBlock analyst Juan Pellicer said the growth in stablecoin supply reflects a "cautious position where investors hold stablecoins as hedges and may wait for market stability or better entry points."
Keywords: Bitcoin
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