{"id":94658,"date":"2026-02-24T17:47:18","date_gmt":"2026-02-24T14:47:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94658"},"modified":"2026-02-24T17:51:45","modified_gmt":"2026-02-24T14:51:45","slug":"matrixport-stalled-stablecoin-supply-is-hobbling-bitcoins-recovery","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/matrixport-stalled-stablecoin-supply-is-hobbling-bitcoins-recovery\/","title":{"rendered":"Matrixport: stalled stablecoin supply is hobbling bitcoin\u2019s recovery"},"content":{"rendered":"<p>Global uncertainty is pushing investors into safe-haven assets, draining liquidity from crypto. The stagnation in <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a> supply has become a \u201cnoticeable obstacle\u201d for bitcoin and the broader digital ecosystem, Matrixport analysts say.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udccaToday\u2019s <a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> Daily Chart \u2014 February 24, 2026 \u2b07\ufe0f<\/p>\n<p>Stablecoin Growth Stalls: Another Liquidity Warning Sign for Bitcoin?<a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Stablecoins?src=hash&#038;ref_src=twsrc%5Etfw\">#Stablecoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Liquidity?src=hash&#038;ref_src=twsrc%5Etfw\">#Liquidity<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/OnChainData?src=hash&#038;ref_src=twsrc%5Etfw\">#OnChainData<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MarketStructure?src=hash&#038;ref_src=twsrc%5Etfw\">#MarketStructure<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Regulation?src=hash&#038;ref_src=twsrc%5Etfw\">#Regulation<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DigitalDollar?src=hash&#038;ref_src=twsrc%5Etfw\">#DigitalDollar<\/a> <a href=\"https:\/\/t.co\/YOVjwMZQmw\">pic.twitter.com\/YOVjwMZQmw<\/a><\/p>\n<p>\u2014 Matrixport Official (@Matrixport_EN) <a href=\"https:\/\/twitter.com\/Matrixport_EN\/status\/2026187525250027623?ref_src=twsrc%5Etfw\">February 24, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cStablecoins are the primary channel of liquidity in digital assets, and stagnation often means that capital goes back into fiat rather than stays in the crypto market,\u201d the experts noted. <\/em><\/p>\n<\/blockquote>\n<p>Since the start of 2026, the supply of these digital assets has shrunk by $5.6bn\u2014from $159bn to $153.4bn. \u201cStablecoin\u201d reserves at leading crypto exchange Binance have also fallen 19% since November 2025. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844-1024x576.png\" alt=\"image\" class=\"wp-image-275738\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-98cb7100012ab022-7160619238840844.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/cryptoquant.com\/asset\/stablecoin\/chart\/supply\/total-supply?window=DAY&#038;sma=0&#038;ema=0&#038;priceScale=log&#038;metricScale=linear&#038;chartStyle=line\">CryptoQuant<\/a>. <\/figcaption><\/figure>\n<p>According to the experts, if outflows persist, bitcoin will continue to face a liquidity shortfall. <\/p>\n<p>Even the long-awaited passage of the market-structure law (Clarity Act) is unlikely to revive the sector overnight\u2014it will take real demand and fresh inflows, not merely regulatory relief, they concluded. <\/p>\n<h2 class=\"wp-block-heading\">Outlook<\/h2>\n<p>A CryptoQuant contributor under the handle Darkfost believes market liquidity conditions are \u201cunlikely to improve any time soon.\u201d <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\uddde\ufe0f Stablecoin reserves fall back to 2024 levels<\/p>\n<p>&#8220;These reserves, which typically adjust based on investor demand, have dropped from $50.9B to $41.4B, representing a decline of 18.6%. As stablecoins continue to flow out, Binance\u2019s reserves have now returned to levels last\u2026 <a href=\"https:\/\/t.co\/ycN3TZIt2d\">pic.twitter.com\/ycN3TZIt2d<\/a><\/p>\n<p>\u2014 Darkfost (@Darkfost_Coc) <a href=\"https:\/\/twitter.com\/Darkfost_Coc\/status\/2026017263409672646?ref_src=twsrc%5Etfw\">February 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He cited Federal Reserve governor Christopher Waller, who said that strong labour-market data could prompt the central bank to keep rates in their current range. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cSuch monetary policy typically restrains the inflow of capital into risk assets,\u201d the expert noted. <\/em><\/p>\n<\/blockquote>\n<p>Analysts at Glassnode expect liquidity to recover no sooner than in six months. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd04UPDATE: <\/p>\n<p>The Realized Profit\/Loss Ratio (90D-SMA) has now fallen below 1, confirming a full transition into an excess loss-realization regime.<br \/>Historically, breaks below 1 have persisted for 6+ months before reclaiming it, a recovery that typically signals a constructive\u2026 <a href=\"https:\/\/t.co\/nzdIG5LkEX\">https:\/\/t.co\/nzdIG5LkEX<\/a> <a href=\"https:\/\/t.co\/uYvZ6i99fA\">pic.twitter.com\/uYvZ6i99fA<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/2026174141703786672?ref_src=twsrc%5Etfw\">February 24, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>They pointed to the realised profit\/loss ratio, which has fallen below 1 for the first time since 2023. This confirmed a full transition into an excess loss-realisation regime, the experts explained. <\/p>\n<p>Historically, stretches at these levels have lasted more than six months. A recovery has typically signalled an influx of fresh capital into the sector. <\/p>\n<p>At the time of writing, bitcoin is trading around $62,900, down 5% over the past 24 hours. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"644\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807-1024x644.png\" alt=\"image\" class=\"wp-image-275739\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807-1024x644.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807-300x189.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807-768x483.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807-1536x965.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-04f1a102a482cea4-7160662557024807.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>. <\/figcaption><\/figure>\n<p>On February 24, Bitrue analyst Andri Fauzan Ajiima <a href=\"https:\/\/forklog.com\/en\/news\/analysts-warn-of-bitcoins-potential-drop-to-47000\">forecast<\/a> a drop in the leading cryptocurrency to $47,000 if $60,000 is breached. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stagnation in stablecoin supply has become a \u201cnoticeable obstacle\u201d for bitcoin and the broader digital ecosystem, Matrixport analysts say.<\/p>\n","protected":false},"author":1,"featured_media":94659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Matrixport flags stalled stablecoin supply as a drag on bitcoin\u2019s recovery.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1205,989,807],"class_list":["post-94658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptoquant","tag-matrixport","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"143","promo_type":"1","layout_type":"1","short_excerpt":"Matrixport flags stalled stablecoin supply as a drag on bitcoin\u2019s recovery.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94658"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94658\/revisions"}],"predecessor-version":[{"id":94660,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94658\/revisions\/94660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94659"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}