GlossaryAdvanced
Stablecoin Supply Ratio (SSR)
Bitcoin's market capitalization divided by the total stablecoin supply, used as a rough gauge of potential stablecoin-funded buying power.
The Stablecoin Supply Ratio (SSR) divides Bitcoin's market capitalization by the total circulating supply of major stablecoins, as a rough gauge of how much stablecoin-denominated buying power exists relative to Bitcoin's current size.
A lower SSR suggests relatively more stablecoin capital is available to potentially flow into Bitcoin; a higher SSR suggests the opposite. See Kaavon's dedicated Stablecoin Supply Ratio article for the full calculation and limitations.
Examples
- A falling SSR, driven by stablecoin supply growing faster than Bitcoin's market cap, is commonly discussed as a sign of growing potential buying power on the sidelines.
- SSR is a rough, aggregate gauge of potential capital, not a measure of whether that capital will actually be deployed into Bitcoin.