The website tracks only USDC and USDT on Ethereum but just those two together have passed 1 billion. It means that much sits on exchanges ready for buying stuff.

If 1 billion order was eating walls it would move Bitcoin by 50% right now, of course, such pump would be due to lack of liquidity for that big order book eating. Yet for other coins with smaller supply and market caps (and obviously not all of those dollars go to BTC) its a thing.

We also have more tokens - DAI, BUSD, GUSD, PAX, USDK by Okex exchange and many more from exchanges.

So one billion dollars wants to have cryptocurrencies right now during this crazy crush on the stock markets.

USDT Top10 Markets & 24h Volume

USDC Top10 Markets & 24h Volume

Shortex lol :) Launched in Jan 2019, Shortex is a centralized exchange with a presence in Estonia, Samoa, and the US. It has plans to support EUR fiat pairs.
Never heard but the name is funny and volume of this kind... decide yourself what to think.

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