Binance continues to draw a stable stablecoin, as it reaches a standard level of ERC-20 reserves. The stock exchange tops the trading of this, as Stablecoins is a key to building new jobs.
Binance is still the pioneer in Stablecoin Reserves, where most traders chose the market player as a major commercial place. Stablecoins has strengthened the derivative markets, which led to the peak phase of the available liquidity.
Stablecoins to Binance has become vertical in the last months of 2024, but slow growth continued in the first quarter of 2024. Although the market slowed, Stablecoins supply is still high, and assets are waiting for the margin for the trading opportunity. Stablecoins expand as a way to reduce risk. During this market cycle, Stablecoins supply grows, even with the encryption market by 30 % peak.
Stablecoin’s flows mostly have a derivative exchange, with peak in the peak of more than 47B symbols. Immediate exchanges attracted a much smaller share of Stablecoin, as most of the activity depended on the positions of BTC and ETH.
Stablecoin flows enhance derivative trading
The total width of Stablecoins on the stock exchanges has reached 45B of different types, with the most common USDC and USDC. Binance holds more than 33B symbol, including centrally controlled FDUSD. A total of $ 3.38 billion in USDC, $ 29.4 billion in USDT, and another $ 1.5 billion in FDUSD. Exchange also holds the most active USDT trading pair, with $ 1.67 billion in 24 -hour folders.
The stock exchange reflects regional restrictions, which enhances the use of distinctive symbols organized in the euro area, stopping USDT products. This transformation did not affect the general flow of symbols. Binance still achieves more than $ 17 billion in daily trading sizes, supported by the value of the original BNB code and multiple Stablecoin markets.
The market also carries 5.34 % of all USDC trading, as it contains the most active trading pair against BTC. The last flow of Stablecoins mostly enhances the liquidity of the derivative BTC markets, as well as immediate markets. The flow to the central stock exchanges follows the general expansion of Stablecoins for more than 229B symbols, depending on the assets that are calculated. Most stablecoins are the dollar, with about $ 2 billion in alternative currencies.
Stablecoins is one of the main Binance backup assets. The stock exchange holds more than $ 133 billion in total assets, based on the transparency report. Usdt reserves are 104 % of user claims. The USDC market is too much, with 161 % of the user’s claims. Excess reserves grow with fees, filter fees and other user -based payments.
Binance remains too Driving The central stock exchange by assets, which carries the most important share of open open attention.
BNB Smart Chain holds 7B in Stablecoins
The decentralized ecological system carries more than 7b in bridges or original. The series is the fourth largest network with the growing stablecoin supplies.
More than 53 % of all stablecoins are still on ethereum. ERC-20 Stablecoins are also those that are often deposited in Binance. TON holds more than 28 % of the total offer, while Solana has more than 10B in USDC, or 5.4 % of the total Supply.
The three main Stablecoins, USDT, USDC, and FDUSD on the BNB series are about 5.9B of display, increasing more than 2.2B in the past 12 months. The remaining balance is for the smaller stablecoins.
The smart BNB series is used for simple transfers and payments through Stablecoins. Usdt transfer makes more than 4.5 billion dollarsAbout $ 500 million is moving via USDC, and FDUSD has a daily transfer of about $ 60 million. Most messengers are preferred on the USDT smart series, which is the main source of liquidity for decentralized payments or bodies.
Currently, the growth of the BNB Smart System is lags behind the success of the Binance Derivatives Market.
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