Sentiment: Negative
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Stablecoin exchange balance drops below $20B
By Oluwapelumi Adejumo at 2025-03-12 05:13
Sentiment: Negative
The volume of stablecoins held on centralized exchanges has fallen below $20 billion—its lowest since April 2021, according to Glassnode data as analyzed by CryptoSlate. According to the chart below, the stablecoin balance across exchanges peaked at over $44 billion in December 2022 when the market was still smarting from FTX’s collapse. However, that figure […] The post Stablecoin exchange balance drops below $20B appeared first on CryptoSlate. Continue reading...
Categories: Featured
Tags: #Featured #Stablecoins #binance #BUSD #Circle #USDC #USDT
Source CryptoSlate