Markets· ★★★· bullish·

Stablecoins return to exchanges after months of outflows

  • The net balance of stablecoins on exchanges is positive again
  • This follows several months of outflows
  • Stablecoin inflows to exchanges are a potential signal of BTC demand
Why it matters: A growing stock of stablecoins on exchanges may indicate capital is ready to buy crypto, supporting bitcoin.
Source: CriptoNoticias