Crypto_Lion2024-02-27

CEX's stablecoins reserve is headed for a head start

The CEX stablecoins reserve has increased with the price of BTC, as seen from 2020 to 2021. However, the picture has changed since 2023. After the approval of the BTC ETF, the CEX reserve of USDT, which had been leading the market, has hit its peak. This is a clear example of how the price influence of ETFs and the CME has increased dramatically.