Stable Tape

Daily Tape

The frozen daily record of stablecoin supply movement — one Stablecoin Signal, its evidence line, and a shareable dated permalink.

Snapshot-to-snapshot. Frozen daily at 12:00 UTC. Not transaction-level mint/burn tracking.

Selected by fixed public rules, not by an editor or AI. A market observation, not a trading signal. How the Signal is selected →

DDD: 1.35% | 1 in 74

Jul 12, 2026 · record snapshot 2026-07-12T12:24:04.551Z · freezes daily ~12:00 UTC

Net movement +$39.4M · expanded $316.5M · contracted $277.2M. Full Jul 12, 2026 record →

The rules behind the Stablecoin Signal

Stable Tape tests the frozen record against the published rules. The highest-priority eligible family becomes the frozen Signal.

Stored rules version appears with the selected record. Winning family loads with the selected record.
  1. FreezeSave the canonical daily record.
  2. TestEvaluate families in priority order.
  3. GuardApply materiality, repetition, attribution and data-quality rules.
  4. SelectFreeze the highest-priority eligible Signal and evidence.
  1. 01Record validityOnly complete canonical records continue to a market Signal.
  2. 02DDD benchmark or milestoneMaterial benchmark changes and genuinely denominator-driven updates.
  3. 03Archive extremeLargest same-direction day in a sufficiently deep archive.
  4. 04Sequence reversalA material move reverses or interrupts the preceding run.
  5. 05Weekly extremeLargest eligible day in the complete seven-record window.
  6. 06Large daily movementNet supply clears the published large-move floor.
  7. 07Multi-day streakA contiguous run reaches a published milestone day.
  8. 08Weekly supply trendThe seven-record supply level keeps moving materially.
  9. 09Quiet market with weekly contextA quiet day is placed against the seven-record trend.
  10. 10Issuer or chain trendA clean endpoint-confirmed move explains the weekly change.
  11. 11Offsetting movementLarge opposing changes leave net supply close to flat.
  12. 12Broad issuer movementMovement is broad rather than concentrated in one issuer.
  13. 13Quiet readingSupply stays inside the flat threshold after stronger tests.
  14. 14Net supply movementThe plain directional fallback for a canonical record.

The ladder is visible in evaluation order. Exact thresholds, cooldowns and wording rules are published in the Stablecoin Signal methodology →

view full detail and snapshots

Daily supply movement measured between DDD snapshots.

Daily Tape tracks issuer supply expansion and contraction so you can see what actually changed.