After the US election, the supply of stablecoins increased by about 5.4 billion US dollars, and the balance of stablecoins on exchanges reached a yearly high

According to data from TradingView, the combined supply of USDT and USDC has increased by more than $50 billion in the week since November 5. Over the past week, the circulating supply of USDT has increased by $38 billion, setting a new record of $124 billion; at the same time, the supply of USDC has increased by $16 billion, reaching nearly $37 billion. In addition, on-chain data from Nansen shows that after the election on November 5th, exchange stablecoin balances jumped from about $36 billion at the beginning of November to an annual high point of $41 billion. (CoinDesk)