Berachain stablecoin total supply has significantly decreased in the past month, dropping to approximately 550 million USD.

According to Wu, due to the decrease in BGT Mining rewards, the total supply of Berachain stablecoins has significantly decreased over the past month, dropping from a peak of 1.4 billion USD to about 550 million USD. Among them, the supply of the native stablecoin Honey has fallen from 740 million USD to about 280 million USD. The TVL of mainstream cross-chain assets (BTC, ETH, stablecoins, etc.) has dropped from a peak of 3.5 billion USD to about 2.7 billion USD, but there has been no significant outflow of mainstream assets like BTC and ETH. It is worth noting that the current TVL of mainstream cross-chain assets is mainly composed of deposits from the Boyco market. On May 6th, the funds from the Boyco 90-day Lock-up Position fund and related rewards will be unlocked, making the flow of funds more worthy of attention at that time.