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Stablecoin Circulation

Definition

Stablecoin circulation refers to the total quantity of a particular stablecoin that is actively in use within the cryptocurrency ecosystem at any given time. This metric indicates the demand for a stable store of value and medium of exchange within decentralized finance and broader digital asset markets. A growing stablecoin circulation often suggests increased activity in the crypto economy or a flight to safety during market volatility. It reflects the overall utility and adoption of stablecoins.