ERC-20 stablecoin supply preserves $185B record — TradingView News

Bitcoin BTCUSD has retained a key bull signal despite the crypto market drawdown, new research says.

Key points:

  • Stablecoin supply trends stay positive for crypto market growth, new research shows.

  • The ERC-20 stablecoin supply alone is at $185 billion.

  • Binance users are storing stablecoin “dry powder” for market entries.

Research: Stablecoins matter more than M2 supply

Data from onchain analytics platform CryptoQuant confirms that the supply of stablecoins continues to circle all-time highs in November.

Crypto internal liquidity points the way to fresh growth despite recent short-term setbacks, CryptoQuant shows.

In 2025, the total stablecoin supply on Ethereum network (ERC-20) alone has reached $185 billion — a new all-time high — and…

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