CryptoQuant: Stablecoin supply hits record high, potentially foreshadowing Bitcoin's future price movement.

According to a recent research report by CryptoQuant, the total supply of ERC20 stablecoins surpassed $160 billion in 2025, setting a new historical record. This is considered a key indicator for predicting Bitcoin price movements. The research points out that the correlation between stablecoin supply and Bitcoin price movements is more significant compared to the global M2 money supply.

The report analyzes that stablecoins, as a major source of liquidity in the crypto market, can reflect investor fund flows more quickly and directly, and their supply growth often precedes Bitcoin price increases. During the 2021 bull market and the market recovery in 2024-2025, the growth in stablecoin supply significantly outpaced Bitcoin price increases.

The CryptoQuant research team states that the current historically high stablecoin supply indicates a continued strengthening of underlying purchasing power in the market, which could become a significant driving force for the next round of Bitcoin price movements.