Stablecoin Supply & Flows

Stablecoins are tokens designed to hold a steady value, almost always pegged to the US dollar. Because traders move into them to take profit or wait out volatility, the total stablecoin market cap works as a rough gauge of sidelined buying power — sometimes called the market’s “dry powder.” When supply expands, fresh capital is generally entering the crypto ecosystem; when it contracts, money is leaving for fiat.

The table ranks the largest stablecoins by market cap and shows each one’s 7-day change and current price. The peg column is worth watching: a healthy stablecoin trades within a fraction of a cent of $1.00. A coin drifting meaningfully away from its peg can signal stress in its reserves or redemption mechanism — which is why we flag the deviation by color while always printing the exact price.

Treat supply as context, not a timing tool. A growing stablecoin float doesn’t guarantee prices rise, but a steady multi-week expansion alongside other bullish signals is a more convincing backdrop than price action alone.