Stablecoin Supply Peaks at Record $315B as Ethereum ETF Outflows Extend to Sixth Consecutive Day

According to DeFiLlama data, stablecoin market capitalization reached a record $315 billion as of June 25. In the same period, Ethereum spot ETFs recorded six consecutive days of net outflows, according to KuCoin ETF flow reports, while ETH traded in the $1,500 to $1,600 range. The growth in stablecoin supply reflects heightened demand for dollar-linked liquidity amid broader market volatility, though increased stablecoin circulation has not yet translated into price support for Ether.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments