In the field of digital currency, the name Morgan Stanley is like a bombshell, which has once again set off a stir. The latest data shows that the market share of Currency Security's trading volume has exceeded 80%, which is nearly 40 times more than Coinbase. This news has undoubtedly brought a strong shock and reflection to the entire cryptocurrency market.

Currency Security: The Rise of the Market Overlord

As one of the world's largest cryptocurrency trading platforms, Currency Security has always attracted much attention. Its trading volume and user scale have always been at the forefront, leaving a deep impression. However, when the latest data revealed that its market share has exceeded 80%, this number is really jaw-dropping.

Coinbase: A former giant

As one of the pioneers in the field of cryptocurrency, Coinbase was once a giant in the industry. Its user-friendly interface and good reputation made it the first choice for investors. However, with the rise of Currency Security, Coinbase's position began to be challenged and its market share has gradually declined.

The story behind the market share

The reason why Currency Security has achieved such great success is inseparable from its strong technical support and high-quality services. As a platform dedicated to providing users with a safe and convenient trading experience, Coinbase has always adhered to the concept of integrity and innovation, and has won the trust and support of the majority of users.

Challenges and transformation of Coinbase

Behind the decline in market share, Coinbase may need to think and transform. As a traditional cryptocurrency trading platform, Coinbase needs to pay more attention to innovation and user experience in order to remain invincible in the fierce competition.

Future Outlook and Thinking

With the continuous development and changes in the digital currency market, this data from Morgan Stanley may be just the beginning. In the future, with the continuous advancement of technology and the continuous evolution of the market, who will laugh last remains to be tested by time. In this era full of challenges and opportunities, only by continuous learning and innovation can we remain invincible.

In this storm of digital currency, Coinbase and Coinbase are both witnesses and creators of this era. Their competition and cooperation are driving the development and progress of the entire industry. May we be able to find our own place in this magnificent world of digital currency, keep pace with the times, and stand at the forefront.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com): The turmoil in the US banking industry finally came to a temporary end with the regulators’ rescue, but it also allowed the Federal Reserve (Fed) to restart the money printing press, and the size of the balance sheet increased by hundreds of billions of dollars in just a few weeks.

In response, Wall Street giant Morgan Stanley (Morgan
Stanley) published a report on the 26th stating that the rescue of the banking industry by US regulators will increase the liquidity of the US dollar, which is one of the reasons for the current round of Bitcoin rise.

81% of Bitcoin’s trading volume in CEX was processed in February

In addition, the report also pointed out that in February, as many as 81% of all Bitcoin traded was conducted on Binance (). Morgan Stanley also concluded that traders on Binance determine the daily price of BTC.

In addition, analyst Sheena
Shah believes that the current order book depth is not enough, which may cause Bitcoin to suffer more severe fluctuations: the liquidity of the Bitcoin trading order book is at its lowest level in a year, which means that the decline in trading volume may drive greater price fluctuations than before.

According to Coinmarketcap data, Binance has three of the top five largest trading pairs of Bitcoin in the centralized market.

Nearly 40 times the trading volume of Coinbase

Although many investors have asked Morgan Stanley for information about Coinbase, they believe that only by paying closer attention to what is happening on Binance can we grasp the cryptocurrency market. Because the market situation has changed significantly: after Bitcoin rose 40% in January, the trading volume of BTC/USDT on Binance reached 38 times that on Coinbase, while it was only 4 times at the beginning of 2022.

As for the stablecoin field, which has been turbulent recently, the report stated that although the issuance of the largest stablecoin USDT rose by 10% in February and has risen by 16% this year, the overall market value of stablecoins is declining, because Binance's stablecoin BUSD has been sanctioned, and the situation of USDC, which was once significantly decoupled, is not optimistic.