
Binance sees $1.235 billion stablecoin inflow in a day as outflows from other exchanges accelerate
- —Stablecoin inflow to Binance in a day — $1.235 billion
- —The volume is above the exchange's average inflow over the past two months
- —Coinbase showed the fastest decline in flows among major exchanges
- —OKX keeps inflows at a relatively stable level
Why it matters: Stablecoin inflows to Binance signal continued purchasing power on the largest exchange, while outflows from Coinbase point to weakening US demand.
Source: Koin Bülteni