Stablecoin Trading Volumes Drop 39% on Centralized Exchanges | Flash News Detail | Blockchain.News

Stablecoin Trading Volumes Drop 39% on Centralized Exchanges

9/30/2024 4:06:25 PM

Stablecoin Trading Volumes Drop 39% on Centralized Exchanges

According to @CCData_io, total trading volumes for stablecoin pairs on centralized exchanges have declined by 39% to $683 billion. This drop is typically associated with the end-of-seasonality effects, which are often followed by a resurgence in trading activity. (Source)

stablecoin centralized exchanges trading volumes seasonality

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