[Stable Flow] The exchange has experienced outflows of 87 billion... and is reallocating 1.5 billion as a market maker to stabilize the market and ensure liquidity.

The trend of large-scale stablecoin fund outflows from centralized exchanges and DeFi sectors and reallocation to market makers.

As of the 4th, according to Artemis data, the sector with the largest increase in stablecoin supply over the past 7 days is market makers, with a net increase of $149.2 million.

Next is the gaming sector with a growth of $35.3 million, and the staking sector with an increase of $31.1 million.

On the other hand, the sector with the most significant decrease in supply is centralized exchanges, recording a large net outflow of $8.7 billion.

At the same time, infrastructure sector outflows amount to $3.3 billion, DeFi sector outflows total $683.3 million, asset management sector outflows are $140.7 million, stablecoin issuers’ outflows reach $120 million, payment sector outflows are $107.4 million, and blockchain sector outflows total $92.8 million.

Overall, stablecoins are massively withdrawing from centralized exchanges, infrastructure, and DeFi sectors, while limited net inflows are observed in market makers, gaming, and staking sectors. This is interpreted as a short-term reduction in standby trading funds, with some capital being reallocated to liquidity operation and structural application sectors.

Weekly stablecoin supply change chart by chain / Artemis

The blockchain with the largest stablecoin supply growth is Solana, with a net increase of approximately $895.2 million.

Followed by Avalanche C-Chain with $76.1 million, Arbitrum with $54.1 million, Polygon PoS with $41.1 million, with some networks continuing to show stablecoin inflows.

On the other hand, most chains also experienced supply reductions. Ethereum saw a contraction of up to $2.9 billion in stablecoin supply, showing the most obvious trend of capital outflow.

Base chain net outflow is $454.8 million, Tron chain outflows are $248.8 million, Aptos chain outflows are $209.4 million, Plasma chain outflows are $90.8 million, and OP mainnet outflows are $42.8 million.

Top stablecoin weekly net supply / Artemis

In the past 7 days, USYC recorded a supply increase of about $173.5 million, showing the strongest inflow momentum.

Followed by USD1 with an increase of $135.2 million, JTRSY with $62.8 million, EURC with $48.3 million, with some stablecoins continuing to show capital inflows.

On the other hand, USDT experienced a net outflow of $1.6 billion, USDC with a net outflow of $1 billion, especially notable outflows from major stablecoins.

Additionally, PYUSD decreased by $137.8 million, OUSG decreased by $80.6 million, USDD decreased by $79.7 million, and crvUSD decreased by $52.7 million.