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The weekly supply of stablecoins surged by 15%, with 300 million new coins flooding into the exchange.
Latest data shows that a stablecoin issuer has issued 300 million stablecoins in the past week, a rise of 15.38% compared to the previous week. Among them, 170 million were newly issued directly through the issuer's fund pool Address, an increase of 46.92% compared to last week.
It is worth noting that among these newly issued stablecoins, approximately 128 million coins flowed into five major exchanges represented by some well-known trading platforms. This phenomenon has raised market attention to the changes in stablecoin supply and its potential impacts.
Stablecoins, as an important component of the cryptocurrency ecosystem, often have their supply changes regarded as significant indicators of market sentiment and capital flow. This large-scale issuance may suggest that market participants are anticipating an increase in demand for digital asset trading, or that institutional investors are preparing for potential market opportunities.
However, the issuance of stablecoins has also sparked discussions about market transparency and regulation. Regulatory agencies and market analysts are closely monitoring the issuance and circulation of stablecoins to assess their impact on the overall cryptocurrency market.
As stablecoins play an increasingly important role in digital asset trading, changes in their supply will continue to be the focus of market participants and researchers. In the future, how to ensure transparency and stability while maintaining the flexibility of stablecoins will be an important issue facing the industry.