Matrixport: The inflow of stablecoins hits a new high, indicating strong demand for cryptocurrencies

Matrixport released a chart today stating that the strongest bullish signal currently comes from the 7-day stablecoin minting index, which measures the scale of fiat currency flowing into stablecoins within a 7-day rolling period. Compared to previous periods, this index has almost doubled, showing an unusually strong market demand for cryptocurrencies and a large amount of new capital is pouring into the market.

Although prices may rise sharply under minimal selling pressure, the stablecoin minting index further indicates that a large amount of new money is flowing into the market. Looking at historical data, inflows were strongest in Q1. This suggests that larger-scale allocation fund inflows may still take several weeks to materialize, thereby further enhancing potential for sustained price increases.