Stablecoins On Exchanges Top A Record $10B, Signaling The Next Crypto Market Pump

The amount of stablecoins held across crypto asset exchanges has hit an all-time high according to analytics providers.

Crypto Quant has reported that the amount of stablecoins, or dollar-pegged digital currencies, now held on exchanges has topped an all-time high of $10 billion.

This could be bullish for Bitcoin and crypto markets in general if they’re seen as being moved and stored in preparation to buy more assets.

All stablecoins holdings across all exchanges hit the all-time high, and now it's $10B.

Chart 👉 https://t.co/An5Ec2530d pic.twitter.com/custw1MM4I

— CryptoQuant.com (@cryptoquant_com) March 29, 2021

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