Analysis: Stablecoin exchange activity since Black Thursday
News
Posted On May 28, 2020
0
22 Views
0 Quick Take
- Since May 12, or ‘Black Thursday,’ the number of stablecoins held on centralized exchanges in our sample has increased by 130%
- DAI+SAI has the lowest percentage of its supply on exchanges. Approximately 2.1% of its supply is on exchanges, whereas the next lowest is Paxos at 16.7%
- The day after Black Thursday (May 13) was the first time in over ten months that the exchange net flow of all stablecoins was positive
This feature story is available to
subscribers of The Block Daily.
You can continue reading
this Daily feature on The Block.
via The Block https://ift.tt/36Bb5iP
- Advertisement -
