Stablecoins have never had more buying power than now, this could bode well for the next bull run.
Glassnode keeps track of the Stablecoin Supply Ratio, or SSR, which is calculated by dividing Bitcoin’s (BTC) market capitalization by the market capitalization of all major stablecoins. Low SSR indicates that stablecoins have more buying power, which the company asserts could be interpreted as a bullish sign.