Over $18 Billion USDT Held In Binance, Bull Run Incoming?

作者 NewsBTC - 1 年前 - 阅读时间:2 分钟

Over $18 Billion USDT Held In Binance, Bull Run Incoming?

南森 data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes.

Binance Holding Over $18 Billion Of USDT

At this pace, USDT constitutes the biggest share of assets held in the exchange, even exceeding other popular cryptocurrencies like Bitcoin 和以太坊

As of the time of writing on March 30, Bitcoin and Ethereum shares at the exchange stood at 23% and 12%, respectively, while USDT commanded 28.71% of the total allocation. In all, Binance held over $64.6 billion of user crypto assets, making it the largest cryptocurrency exchange by assets.

USDT 是一种流行的稳定币,可以追踪美元的价值。 据追踪者称,USDT 可用于多个区块链,主要在以太坊和 Tron 上,流动性最强,市值为 79.4 亿美元。

就上下文而言,在这个数字上,USDT 在技术上是 第三大 cryptocurrency asset only after Bitcoin and Ethereum, whose market caps stood at $554.8 billion and $221 billion on March 30.

稳定币是最具流动性的,超过了 Circle 发行的 USDC,其市值在 33.2 月 30 日为 7.6 亿美元,以及 Paxos 发行的 BUSD,其流通供应量在撰写时为 XNUMX 亿美元。 

稳定币在加密货币中扮演着各种角色。 由于最受欢迎的是由现金和现金等价物支持,跟踪美元的价值,它们被用作传统金融和快速增长的加密货币场景之间的渠道。

Over the years, in times of a crisis, especially tanking asset prices, the cumulative market cap of stablecoins also tends to increase. This is because stablecoins are, as the name suggests, “stable,” meaning crypto holders with Bitcoin or other volatile assets can revert to stablecoins as a refuge.

加密牛市运行或涌向安全?

The inflow of stablecoins into exchanges also indicates optimism among retail and institutional traders. With an increasing share of USDT in Binance, a leading cryptocurrency exchange, it might suggest that traders are positioning themselves for a bull run.

Earlier today, on March 30, Bitcoin prices rose above $29,000 for the first time in Q1 2023. Although prices have recoiled, traders appear upbeat as bulls build on gains of March 29. Since mid-March, Bitcoin prices have increased by around 46% amid a banking crisis in the United States. 

除了价格方面,USDT 持有量的增加还源于纽约金融服务部 (NYDFS) 要求 BUSD 发行方 Paxos 停止铸造新代币的命令。

Also, earlier, USDC, the second most popular stablecoin, briefly de-pegged. In light of these events, most users converted stablecoin holdings to USDT.

原始来源: NewsBTC