Since early last month, Binance announced its entry into U.S. stocks and has now released its first investor profile in this area. • The 20-30 age group is the largest demographic using stablecoins to trade stocks, accounting for about 44%. If stock contracts are included, this expands to 48%. • This group contributed $80 billion in TradFi-related trading volume this year, covering commodities, stocks, and precious metals. • Within the entire stablecoin stock trading business, 13% comes from non-crypto users under 30. These individuals originally didn’t trade cryptocurrencies but registered to use the product because they could buy U.S. stocks with stablecoins. • However, in terms of trading frequency, the 20-30 age group averages 2.6 trades per day, while other users average 3.0 trades per day, leaning more toward long-term holding. • Internal data shows that the growth momentum among younger users is still ongoing rather than reaching saturation. This has driven the stablecoin stock trading business to continue growing, becoming a new flagship product for the platform.