The liquidity shortage in the crypto market continues, with the size of stablecoins on the Binance platform falling to $41.4 billion.

According to Mars Finance, on February 24th, due to the continued shortage of cryptocurrency liquidity caused by the Federal Reserve's tightening policy and weak capital inflows, the size of stablecoin reserves on the Binance platform has decreased by 18.6% over the past three months, from $50.9 billion to the current $41.4 billion, a decrease of approximately $10 billion. Despite the reduction in size, Binance still accounts for approximately 64% of the total stablecoin reserves of all trading platforms. The size of stablecoin reserves on trading platforms is usually adjusted according to investor demand; a decrease in reserves typically indicates that investors are converting cryptocurrencies back to fiat currency, rather than holding stablecoins and waiting to re-enter the market.