The 30-day net change in total stablecoin supply. Positive = new stablecoins being minted (demand for crypto exposure). Negative = stablecoins being redeemed.
Sustained positive minting = new capital entering crypto (bullish). Sustained redemptions = capital leaving (bearish). Large mint events often precede significant price moves.
The ratio of Bitcoin's market cap to total stablecoin supply. Measures the potential buying power of stablecoins relative to Bitcoin's current valuation.
The total market capitalization of all major stablecoins (USDT, USDC, DAI, BUSD, etc.) combined. Represents the total 'dry powder' in the crypto ecosystem.
The percentage of total crypto market cap represented by stablecoins. Indicates how much capital is parked in stable assets vs. risk assets.