Analysis: Stablecoin supply is expected to increase further, and new highs are expected in the coming months

Crypto KOL @arndxt_xo posted on the X platform: "In my opinion, the total supply chart of stablecoins is the most important indicator in the crypto space right now, and it shows some promising signs. Since Bitcoin fell after hitting an all-time high in March this year, I have noticed the following: •USDT supply increased by 14%; •USDC supply increased by 13%; •DAI supply increased by 12%; •PYUSD supply increased by 300% (mainly on the Solana chain). But not all stablecoin supplies are growing, with the total supply increasing by only 2%, mainly due to: •BUSD supply decreased by 17%; •USDP supply decreased by 42% (probably due to Binance's change in its stablecoin strategy). As Treasury yields fall, I expect the supply of stablecoins to increase further. Because investors may allocate more funds to riskier assets, including cryptocurrencies. If this trend continues (or even accelerates), we could see the total supply of stablecoins firmly break through its historical highs in the coming months, which could boost Bitcoin and the broader crypto market."