Data analyzed by CryptoSlate analysts revealed that around $4 billion worth of stablecoins left the exchanges over the past seven days, leaving a volume of $38 billion.
This analysis is based on the STBL data, which is a virtual asset that aggregates the data of all ERC20 stablecoins to create a metric that can reflect the stablecoin balances across all crypto exchanges.
Stablecoins held on exchanges
STBL includes Binance USD (BUSD), Gemini Dollar (GUSD), HUSD (HUSD), DAI (DAI), Paxos Standard (USDP), Stasis Euro (EURS), SAI (SAI), Synthetix USD (sUSD), Tether (USDT), USD Coin (USDC).
The green line on the chart below reflects the total volume of the stablecoins included in the STBL metric that has been held on exchanges since the beginning of 2018.
Stablecoin balance on exchanges
According to the data, the exchanges started accumulating stablecoins at an increasing rate in January 2021. The growth has been more or less stable since then, except for a few downfalls during late 2021 and
We współpracy z: https://cryptoslate.com/stablecoins-worth-4b-exited-exchanges-in-last-7-days/
