CoinFund: Global stablecoin supply can increase to $1 trillion, which may become a key catalyst for crypto market growth

PANews March 29th news, according to Cointelegraph, CoinFund managing partner David Pakman said the global stablecoin supply can surge from the current scale of about $225 billion to $1 trillion, which may then become a key catalyst for the growth of the cryptocurrency market. David Pakman added that this scale growth is actually not large compared with the global financial market. The volume of stablecoin trading has increased by more than 22 times since 2021, indicating that on-chain capital flows have increased. The current supply of stablecoin only means that the market may still be in the middle of the cycle and has not reached the peak of the bull market.