Data: Centralized Crypto Exchange Stable Coin Supply at Record High

According to u.today, Moskovski Capital Chief Investment Officer Lex Moskovski shared the CryptoQuant chart on Twitter. The data shows that the supply of stablecoins on centralized crypto exchanges has soared to an all-time high and has now reached $17 billion. He commented that all of these stablecoins could potentially be used to buy bitcoin.

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