The total supply of stablecoins has been increasing, with a rise of $354 million today, $1.018 billion over the past seven days, and $10.883 billion in the last 30 days, according to data from DefiLlama. This growth in stablecoin supply has led some market observers to speculate about the potential for a significant increase in Bitcoin's value, with comments suggesting that a 'Bitcoin pump' could be imminent due to the expanding stablecoin market and the notion of a 'stablecoin supercycle'.