Stablecoin Exchange Flows/Indicators

Entry into Stablecoin data/indicators

Data/Indicator	Definition	Interpretation
Stablecoin Network Data	-Type of cryptocurrency that is pegged to a fiat currency -How stablecoin is issued	-Stablecoin with treasury account -Stablecoin without treasury account
Stablecoin Exchange In/Outflow & Netflow	Amount of Stablecoin deposited/withdrawn into/from the exchange wallets.	Increase of inflow - Mostly a Bullish sign Increase of outflow - Mostly a Bearish sign
Stablecoin Exchange Reserve	The amount of the stablecoins held in the exchange addresses	High High Buying pressure Low Low selling pressure Increasing trend Increasing potential Buying power -Bullish Decreasing trend Decreasing scarcity - Bearish
Stablecoin Exchange Addresses Count	The number of unique addresses making inflow/outflow transactions of exchanges	High Large number of investors Low Small number of investors Increasing trend Expanding interest and activeness Decreasing trend Diminishing interest and activeness
Stablecoin Exchange Transactions Count	The total number of deposits/withdrawals transactions of the exchange	High Large number of transactions Low Small number of transactions Increasing trend Expanding interest and activeness Decreasing trend Diminishing interest and activeness
Stablecoin Supply Ratio (SSR)	Defined as a ratio of the Market Cap of BTC divided by the Market Cap of all Stablecoins	Increasing trend Slowing down status of stablecoin's buying power - Bearish or sideways sentiment Decreasing trend Rising status of stablecoin's buying power - Bullish

How to look at indicators

This section identifies the lookout point for individual indicators. These indicators could be divided by their identity and their usefulness in trading. Each indicator utilized each feature of stablecoin, and put together, they cover multiple aspects and capture movements in stablecoin relatively precisely.

If you want to make use stablecoin feature by figuring out

1) How many stablecoins came out from or into the exchange

Checking the flow into the exchange is a great way to keep track of stablecoins that could be a medium to buy cryptocurrencies or liquidity of the derivative market

Stablecoin Exchange In/Outflow & Netflow

2) How many stablecoins are in the exchange

Checking the Stablecoin Reserve in exchange helps to measure buying power in the exchange.

Stablecoin Exchange Reserve

3) How many stablecoin addresses or transactions are active or being made through the exchanges

Checking the active address count or transactions is a great way to determine how many addresses are participating in the movement in the price and find out the sentiment behind it.

Stablecoin Exchange Transactions CountStablecoin Exchange Addresses Count

4) Figuring out how buying power or liquidity in the market

To figure out the power balance between the BTC and Stablecoin by market cap

Stablecoin Supply Ratio (SSR)

It is wise to look at each indicator according to the abovementioned number.

Note on Stablecoin Data Coverage

CryptoQuant offers on-chain data for stablecoins on ERC20 for Charts, Pro-Charts, Alerts, and API. The market cap of the stablecoins in all chains is available in the dashboard.

👉 Click to view the dashboard.