Stablecoin Supply Ratio
Market & Flows
BTC market cap divided by stablecoin supply. Low SSR = stablecoins have high buying power relative to BTC (bullish); high SSR = thin dry powder.
Current Value
8.9414
As of
2026-10-16
Z-Score
—
Signal
No threshold
Current Stablecoin Supply Ratio reading
As of 2026-10-16, Bitcoin’s Stablecoin Supply Ratio is 8.941, compared with 11.89 one year earlier (2025-10-16). The series has 3,244 daily readings from 2017-11-29 to 2026-10-16, computed from our own full-archive Bitcoin node and refreshed every day.
Historical extremes
The highest Stablecoin Supply Ratio on record is 2,905,353 on 2017-12-16; the lowest is 4.376 on 2022-11-09. Readings near either end of that range have historically coincided with cycle turning points — use the chart above to see where today sits relative to past extremes.
Read it with
- ETH / USD — Ethereum spot price (USD).
- Gold / USD — Gold spot price (USD per ounce).
- S&P 500 — S&P 500 index level.
- Dollar Index (DXY) — US Dollar Index.
- Nasdaq — Nasdaq Composite index level.
Data & method
Source: computed from raw UTXO data on OnChainLab’s own Bitcoin node — no third-party data vendor. Category: Market & Flows. Last updated 2026-10-16. The full series is free to download as JSON or as part of the full daily CSV, and the published dataset is cryptographically committed — you can verify it yourself. Browse all metrics.