PANews reported on March 29 that according to Cointelegraph, David Pakman, managing partner of CoinFund, said that the global stablecoin supply could surge from the current size of about $225 billion to $1 trillion, which could become a key catalyst for the growth of the cryptocurrency market. David Pakman added that this scale of growth is not actually large compared to the global financial market. Since 2021, the volume of stablecoin transactions has increased by more than 22 times, indicating an increase in on-chain capital flows, while the current stablecoin supply can only indicate that the market may still be in the middle of the cycle and has not yet reached the peak of the bull market.