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’.