Glossary ยท On-chain
Stablecoin Supply
Total circulating supply of stablecoins - a proxy for dry powder ready to deploy.
Definition
Stablecoin supply measures total circulating USDT, USDC, and other stablecoins. Rising stablecoin supply alongside stable or falling crypto prices signals accumulating dry powder that may rotate into risk assets. Sudden stablecoin drops during rallies often signal the buying has begun. Spectre AI tracks 350+ stablecoins across chains.
See this concept live in Spectre AI: /tokenized-assets