This chart shows the daily net flow of stablecoins moving in and out of exchanges for the top four stablecoins USDT, USDC, BUSD and DAI. 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). A 7-day Exponential Moving Average is shown in 🔵 to help identify trends amidst daily variability.

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