Trading Volume Explodes on US-Based Crypto Exchanges, Signaling Market Shift

US-based cryptocurrency exchanges saw a major surge in trading volume last month. Platforms offering direct USD pairings and stablecoins like USDT and USDC reached $279 billion in total volume, highlighting the re-emergence of US investor activity. πŸ“ˆ πŸ‡ΊπŸ‡Έ πŸ“ˆ
While industry giants Crypto.com, Coinbase, and Kraken remain dominant in USD-based trading pairs, smaller exchanges are also gaining market share.
Despite restrictions on many global platforms, US traders account for over 10% of global trading volume, underscoring their significant influence on the market.