Matrixport: The growth of stablecoins has significantly slowed down, showing signs of stagnation in certain phases.

Deep Tide TechFlow News, February 24 — Matrixport released a chart today stating, “U.S. Treasury Secretary Scott Bessent recently mentioned that the market size of USD stablecoins could expand to $3 trillion in the coming years. In the long term, the penetration trend of digital dollars continues, and the overall narrative is optimistic. However, the latest data shows that short-term momentum has weakened: the growth of stablecoins has significantly slowed, showing signs of stagnation in phases.

This decline will not only suppress Bitcoin but also pose considerable resistance to the entire crypto ecosystem. Stablecoins are the most important liquidity infrastructure in the crypto market; when supply expansion stalls, it often means funds are being withdrawn from the chain and flowing back into fiat currency, rather than remaining in the crypto market to continue circulating. If stablecoins maintain a high net outflow, Bitcoin’s liquidity environment is likely to remain tight in the short term, making recovery difficult. Even if the market structure bill passes smoothly, if genuine demand and capital inflows do not accelerate again, stablecoin supply may not immediately return to an expansion track.”