Stablecoin Reserves on Binance Climb $1.8B to $43.8B
- —ERC-20 stablecoin reserves on Binance rose from ~$42B in August to ~$43.8B
- —The metric stood near $49B at the start of the year
- —XWIN: higher reserves do not automatically translate into BTC purchases
- —Data covers only ERC-20 tokens on Binance, not liquidity across all chains
Why it matters: Stablecoin reserves on exchanges are seen as dry powder for demand, but without confirmed spot buying the signal remains weak.
Source: BeInCrypto RU