According to DeFiLlama data shared by @DeFiLlama on Twitter, the total stablecoin market cap is approaching a new all-time high of $240 billion, with more than $5 billion in new stablecoins issued in the past week. This rapid increase in stablecoin supply often indicates heightened demand for liquidity and potential capital inflows into major cryptocurrencies such as Bitcoin and Ethereum. Traders should monitor leading stablecoins like USDT and USDC for signals of further market momentum, as large-scale stablecoin issuance historically precedes periods of increased trading activity and price volatility (source: @DeFiLlama, June 2024).