CoinFund: Global stablecoin supply could increase to $1 trillion, which could be a catalyst for the bull market peak

Odaily Planet Daily News CoinFund Managing Partner David Pakman said that the global stablecoin supply could surge from the current scale of about US$225 billion to US$1 trillion, which could then become a key catalyst for the growth of the cryptocurrency market. David Pakman added that this scale of growth is actually not large compared to the global financial market. Since 2021, the volume of stablecoin transactions has increased by more than 22 times, indicating an increase in on-chain capital flows, and the current stablecoin supply can only indicate that the market may still be in the middle of the cycle and has not yet reached the peak of the bull market. (Cointelegrah)