過去一個月，Tether旗下USDT供應量增加逾50億美元，而USDC、USDe與PYUSD合計供應量則減少約42億美元，穩定幣總供應量淨成長僅約9億美元，月增幅約0.3%。報告指出，當前新增穩定幣資金主要流向USDT，並未帶動整體市場擴張。與此同時，Ethena的USDe近一個月供應量下滑28%，年內累計下跌近34%，主因為永續合約資金費率收縮，導緻收益吸引力下降；Sky的USDS與World Liberty Financial的USD1則承接部分資金流入。PYUSD過去一個月供應量亦下降13%。

Patrick Witt, Executive Director of the White House Digital Assets Advisory Council, stated that the U.S. will soon issue an official announcement regarding its Strategic Bitcoin Reserve, noting that the government has achieved 'breakthroughs' in legal basis, asset custody and inter‑agency reporting mechanisms. On March 6, 2025, former President Trump signed an executive order establishing the Strategic Bitcoin Reserve and banning the Treasury Department from selling related BTC. The reserve is expected to hold approximately 328,372 BTC, accounting for about 1.6% of the global total supply, mainly sourced from assets recovered from the Silk Road case, the Bitfinex hack and other criminal forfeitures.