In Q1 2026, the total supply of stablecoins reached $315 billion, according to the CEX report. At the same time, the growth compared to the previous period was modest — $8 billion, which is explained by the overall downturn in the crypto market. As highlighted in the report, this is the weakest quarterly growth since Q4 2023. This figure also sharply contrasts with Q3 2025, when the supply increased by $45.7 billion, driven by regulatory changes and institutionalization.