Stablecoins目睹了供應量的巨大激增，從長遠來看，這種趨勢可能對比特幣和加密貨幣市場有益

Stablecoins目睹了供應量的巨大激增，從長遠來看，這種趨勢可能對比特幣和加密市場有益。

Stablecoins are quietly amassing a massive fortune in the shadows of Bitcoin and altcoins, and this trend could spell good news for the crypto market in the long term.

Stablecoins在比特幣和山寨幣的陰影中悄悄地積累了巨大的財富，從長遠來看，這種趨勢可能會為加密市場帶來好消息。

According to blockchain analytics firm Glassnode, the total stablecoin supply has risen by 10.9% or $20.17 billion since the beginning of the year.

根據區塊鏈分析公司GlassNode的數據，自今年年初以來，Stablecoin的總供應量增長了10.9％或201.7億美元。

This follows a period of contracting supply during the final weeks of 2024. As reported by The Crypto Basic, the total stablecoin supply dropped from $187 billion in December to $185 billion by January 2025. The contraction was likely due to investors capitalizing on the market uptrend.

這是在2024年最後幾週的合同供應期之後。據加密基金會（Crypto Basic）報導，Stablecoin供應總額從12月的1870億美元下降到到2025年1月的1850億美元。收縮很可能是由於投資者資本利用市場上升。

However, as the market drops, over the past 30 days, the stablecoin supply expanded by $3.33 billion, reflecting a 1.65% increase. This growth rate is comparable to levels observed in September 2024, when stablecoin inflows reached $2.37 billion.

但是，隨著市場下降，在過去的30天中，Stablecoin供應量增加了33.3億美元，反映了1.65％的增長。該增長率與2024年9月觀察到的水平相當，當時Stablecoin流入達到23.7億美元。

On a quarterly basis, stablecoin supply rose by $23.86 billion in Q4 2024, a 14.7% increase, while Q1 2025 has already recorded a $20.17 billion rise, reflecting a 10.9% expansion. The increase across the last two quarters outpaced the combined supply rise in Q2 and Q3 2024, which amounted to $18.6 billion, or 10.2%.

每季度，Stablecoin供應量在2024年第四季度增長了238.6億美元，增長了14.7％，而第一季度2025年第1季度的增長量增長了201.7億美元，反映了10.9％的擴張。過去兩個季度的增長超過了第二季度和第三季度2024年第三季度供應量的增加，為186億美元，即10.2％。

Stablecoin Market Cap Surges to $232.5 Billion

Stablecoin市值飆升至2325億美元

Data from CoinMarketCap shows that the global stablecoin market capitalization has reached $232.5 billion, fueled by the recent supply expansion.

來自CoinMarketCap的數據表明，全球Stablecoin市值已達到2325億美元，這是由於最近的供應擴張所推動的。

Tether (USDT) remains dominant in the market, holding a 61.5% share with a market cap of $143 billion. Despite facing regulatory scrutiny under the EU’s Markets in Crypto-Assets (MiCA) framework, USDT continues to lead stablecoin transactions globally.

Tether（USDT）在市場上仍然占主導地位，持有61.5％的份額，市值為1430億美元。儘管在歐盟市場下在加密資源（MICA）框架下面臨監管審查，但USDT仍在全球領導Stablecoin交易。

Meanwhile, USD Coin (USDC) follows as the second-largest stablecoin, with a market cap of $58.4 billion. This continued growth in stablecoin valuations shows an increasing preference for stable assets, particularly during periods of market volatility.

同時，美元硬幣（USDC）成為第二大穩定幣，市值為584億美元。 Stablecoin估值的這種持續增長表明，人們對穩定資產的偏好越來越多，尤其是在市場波動期間。

A look at recent on-chain activities suggests that the surge in stablecoin supply is being driven by fresh mints from major issuers like Tether and Circle. Blockchain monitoring platform Whale Alert has tracked multiple large-scale stablecoin issuances over the past few days.

審視最近的鏈上活動表明，穩定供應的激增是由Tether和Circle等主要發行人的新鮮造幣廠驅動的。在過去的幾天中，區塊鏈監視平台鯨魚警報已跟踪多次大規模的Stablecoin發行。

Circle, the issuer of USDC, has minted an additional 300 million USDC today alone, having issued $250 million an hour ago. Over the past week, Circle has minted $1.4 billion worth of USDC through multiple transactions.

USDC的發行人Circle僅在每小時發行了2.5億美元的情況下，僅在今天又造成了3億USDC。在過去的一周中，Circle通過多項交易鑄造了價值14億美元的USDC。

Tether has also ramped up its stablecoin issuance. On March 2, the company minted a staggering $1 billion worth of USDT in a single transaction.

Tether還提高了其穩定發行。 3月2日，該公司在一筆交易中造成了價值10億美元的USDT。

Since then, Tether has been actively transferring millions of USDT from its treasury to Bitfinex, a crypto exchange owned by iFinex—the parent company of Tether. This follows another major issuance of $1 billion USDT on Feb. 28.

從那時起，Tether一直將數百萬美元從其財政部轉移到Bitfinex，Bitfinex是Tether的母公司Ifinex擁有的加密貨幣交易所。這是2月28日的另一項重大發行10億美元的重大發行。

💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (999,575,000 USD) minted at Tether Treasuryhttps://t.co/sELHEHn2bW— Whale Alert (@whale_alert) February 28, 2025Can Stablecoin Growth Fuel Bitcoin Recovery?

在Tether tether tether theeasuryhttps：//t.co/selhehn2bw-鯨魚never（@Whale_Alert）2月28日，2025年，2025年5月28日，捕鯨劑燃料燃料燃料燃料比特庫回收回收率，

Amid these fresh mints, Bitcoin is currently navigating a critical price zone near the $80,000 mark as the market turbulence persists. The rise stablecoin supply could play a major role in determining Bitcoin’s next move.

在這些新鮮的薄荷糖中，比特幣目前在市場湍流持續存在的80,000美元大關接近80,000美元的關鍵價格區域。 Rise Stablecoin供應可能在確定比特幣的下一步行動中發揮重要作用。

A surge in stablecoin supply typically shows an increase in sidelined buying power within the crypto market. Traders and institutional investors often hold stablecoins in anticipation of favorable market conditions before deploying funds into assets like Bitcoin and Ethereum.

Stablecoin供應的激增通常顯示出加密貨幣市場內的購買力的增加。貿易商和機構投資者經常在將資金部署到比特幣和以太坊等資產中之前，在預期有利的市場條件下持有穩定的股份。

If confidence in Bitcoin strengthens, the newly injected liquidity from stablecoin mints could drive renewed buying pressure. Historically, a rise in stablecoin supply has correlated with increased demand for Bitcoin, as traders use stablecoins to enter long positions.

如果對比特幣的信心增強，則來自Stablecoin造幣廠的新註入的流動性可能會帶來更新的購買壓力。從歷史上看，隨著交易者使用Stablecoins進入長位置，Stablecoin供應的增加與對比特幣的需求增加有關。

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic will not be responsible for any financial losses.

Disclamier：此內容是信息的，不應被視為財務建議。本文中表達的觀點可能包括作者的個人意見，並且不反映加密基本的意見。鼓勵讀者在做出任何投資決策之前進行徹底的研究。加密基本基本將對任何財務損失負責。