Stablecoin Liquidity Is Surging Again — Is It Fueling the Next Crypto Rally?
March 11, 2026 · 11:22 PM

TL;DR Stablecoin supply grows but inflows remain moderate, signaling short-term speculation. New institutional stablecoins launch from Western Union, Fidelity, and Jupiter. Ethena’s USDe holder count nearly doubles, approaching 200,000 users. The return of capital to the crypto market does not always announce a sustained rally. On-chain data shows that USDT and USDC supply grew over ... Read more
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