> For the complete documentation index, see [llms.txt](https://userguide.cryptoquant.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://userguide.cryptoquant.com/zh/flow-indicators/wen-ding-bi-bi-lv.md).

# 稳定币比率

## Definition

BTC reserve divided by the sum of all stablecoins reserve held by an exchange. 

$$
\text{Stablecoins Ratio} = \frac{\text{BTC Reserve}}{\text{All Stablecoins Reserve}}\\\
\text{Stablecoins Ratio(USD)} = \frac{\text{ BTC Reserve in USD}}{\text{All Stablecoins Reserve}}
$$

## Interpretation

This usually indicates potential sell pressure.

## Link to Our Data

* [Stablecoins Ratio in CryptoQuant Live Chart](https://cryptoquant.com/overview?search=stablecoins+ratio)
* [Stablecoins Ratio in CryptoQuant Data API docs](https://cryptoquant.com/docs#operation/BTCgetStablecoinsRatio)


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