Stablecoin supply shifts to up trend

Stablecoin-supply-shifts-to-up-trend

Stablecoin supply can be viewed as the liquidity circulating within the crypto market.

Since November, the supply of stablecoins has turned to up trend.

Looking at the 2nd indicator, we can see that supply has increased significantly during the 2021 strong bull market. This is because money was released into the market through the US quantitative easing policy after Covid-19.

In 2024, the U.S. Federal Reserve will begin an interest rate reduction policy, which will likely lead to supply of liquidity to the cryptocurrency market, leading to a bull market.