Data: 87% of the USD1 supply is held on a certain CEX platform

GateNews

2026-03-12 01:32:03

Gate News reports that on March 12, on-chain analyst Yu Jin’s statistics show that in January, during an airdrop event on a certain CEX platform, the USD1 minting amount was $3.1 billion. It has now increased to $4.6 billion, a rise of $1.5 billion. According to the platform’s reserve proof data, currently $4 billion of USD1 is stored on the platform, accounting for 87% of the total USD1 supply.

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