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31 July 2021
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Here’s What Current BTC Stablecoin Supply Ratio Plunge Can Mean for Bitcoin

Bitcoin SSR has hit an all-time low, an expert explains that it might be good for Bitcoin, here’s why

Data provided by the analytics aggregator Glassnode demonstrates that the Stablecoin Supply Ratio (SSR) of Bitcoin has plummeted to an ATL of 6.525.

Bitcoin SSR is the index that is about the ratio between the current supply of the biggest crypto in circulation and the number of stablecoins denoted in the flagship coin.
Image via Twitter

Thus, these stablecoins are the money that can potentially flow in Bitcoin.

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