✒️ As the stablecoin Reserve of exchanges increases, it can be interpreted as an increase in investors' purchasing power. Looking at the overall stablecoin reserves of exchanges, it may seem that there has been a significant decline since 2023, followed by stagnation. However, this is due to the discontinuation of Binance's 🟡 BUSD issuance.

In contrast, 🔵 USDT, which holds a major share among stablecoins, has steadily risen since 2023. Even more positive news is that 🟢 USDC, which ranks second in market share, has increased since May. Sometimes, it is necessary to break down the overall indicators in detail.

Written by Yonsei_dent