[Data: CEX stablecoin reserves increased by nearly $10 billion in the past month] BlockBeats news, November 7, according to @ali_charts citing CryptoQuant data, CEX stablecoin reserves have increased by nearly $10 billion in the past month. This trend is negatively correlated with the overall performance of the crypto market recently. Analysts indicate that this suggests traders are converting cryptocurrencies into stablecoins.