Data: stablecoin supply surges by $30bn in Q1
On 4 April, IntoTheBlock reported that the total supply of stablecoins increased by more than $30 billion in the first quarter of 2025, despite the fact that the overall cryptocurrency market capitalisation fell by 19 per cent in the first quarter of the year, according to Cointelegraph. IntoTheBlock analyst Juan Pellicer said the increase in stablecoin supply reflected ‘a cautious stance, with investors holding stablecoins as a hedge, possibly waiting for market stability or better entry points’. IntoTheBlock analyst Juan Pellicer said that the increase in stablecoin supply reflected ‘a cautious stance, with investors holding stablecoins as a hedge, possibly waiting for the market to stabilise or a better entry point’.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.
JPMorgan raises target prices for Target and Walmart
Crypto prices
More
