coin-img-TRUSTTRUST-8.83%coin-img-KITEKITE-4.08%coin-img-ETHETH-4.47%coin-img-BTCBTC-2.75%coin-img-SOLSOL-3.52%coin-img-XRPXRP-5.19%coin-img-ASTERASTER-6.02%coin-img-USDCUSDC+0.02%coin-img-TRUSTTRUST-8.83%coin-img-KITEKITE-4.08%coin-img-ETHETH-4.47%coin-img-BTCBTC-2.75%coin-img-SOLSOL-3.52%coin-img-XRPXRP-5.19%coin-img-ASTERASTER-6.02%coin-img-USDCUSDC+0.02%coin-img-TRUSTTRUST-8.83%coin-img-KITEKITE-4.08%coin-img-ETHETH-4.47%coin-img-BTCBTC-2.75%coin-img-SOLSOL-3.52%coin-img-XRPXRP-5.19%coin-img-ASTERASTER-6.02%coin-img-USDCUSDC+0.02%coin-img-TRUSTTRUST-8.83%coin-img-KITEKITE-4.08%coin-img-ETHETH-4.47%coin-img-BTCBTC-2.75%coin-img-SOLSOL-3.52%coin-img-XRPXRP-5.19%coin-img-ASTERASTER-6.02%coin-img-USDCUSDC+0.02%

CEX Stablecoin Reserves Rise Nearly $10B in One Month

Centralized exchange stablecoin reserves increased by nearly $10 billion over the past month, CryptoQuant data show, cited by @ali_charts on Nov. 7. The reserve growth showed a negative correlation with broader crypto market performance during the period. Analysts noted the trend indicates traders converted cryptocurrencies into stablecoins.
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