The stablecoin supply has grown by $16.97 billion in 2025, rising from $194.2 billion to $211.2 billion. Growth slowed early in the year but regained momentum in February.

Supply expanded by about $450 million daily in November and December, dropped to $400 million in January, and rebounded to $541 million in February, signaling renewed liquidity.

In mid-January, the 7-day moving average surpassed the 30-day SMA, indicating rising short-term demand for stablecoins.

stablecoin-circulating-supply. . . .