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About Stablecoin Supply Ratio (SSR)
Glassnode's flagship Stablecoin Supply Ratio (SSR): Bitcoin market cap divided by the total supply of USD stablecoins, a measure of stablecoin buying power relative to the BTC market. A LOW SSR means stablecoins are large relative to BTC's market cap, i.e. plenty of dry powder ready to rotate into Bitcoin (historically bullish potential); a HIGH SSR means weaker fiat buying power. Plotted on a log scale against BTC price.
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