Stablecoin supply growth is one of the cleanest ways to track where capital is moving on-chain. Top stablecoins by 1-month supply growth ↓ • sEUR (Synthetix) — +4376% • MUST (Mustang Finance) — +3604% • PINTO (Pinto) — +781% • USDN (Neutrino) — +317% • MSUSD (Main St Finance) — +208% • USDL (LiftDollar) — +172% • PUSD (PalmUSD) — +161% • tGBP (tokenGBP) — +134% • USP (Piku DAO) — +132% Stablecoin expansion usually signals new liquidity entering specific ecosystems. It’s often an early indicator of where activity — and incentives — are building. Author: Stacy Muur 📱 X (Twitter) | 📱 Telegram