This chart shows the 30-day net change in supply held on exchanges for the top four stablecoins USDT, USDC, BUSD, DAI, and TUSD. This metric accounts only for stablecoins which are issued and transferred on the Ethereum blockchain.

It will return a positive value 🟢 when the 30-day aggregate stablecoin supply on exchanges has increased (inflows), and a negative value 🔴 when it decreases (outflows).

Note that the exchange inflows/outflows of these stablecoins reflect only those issued on the Ethereum blockchain, and associated with the exchanges we monitor.

Transparency Notice regarding Exchange Metrics

Disclaimer: Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies.

Please read our Transparency Notice when using exchange data