📊 #CCData report on stablecoins and #CBDC :

▫ January saw a significant increase in stablecoin trading volume on the CEX, increasing by 4.54% to a record $1.04 trillion, the highest since December 2021. This upward trend is expected to continue (by February 16, the volume was already $757 billion).

▫ Spot trading volume of $BTC pairs on CEX grew by 23.1% to $510 billion in January after the approval of spot BTC-ETFs in the US;

▫ #USDT market capitalization reached a new all-time high of $97.3 billion in February, reflecting a growth of 1.23% with a market share of 70.6%.