Stablecoin reserves (ERC-20) on the largest exchange #Binancе reached a new high, exceeding $31.3 billion.
Analysts attribute the significant increase in reserves to two main factors
factors:
- investors are channeling liquidity in preparation for entering the market, reflecting confidence in both the market and the exchange.
#Binance expands its available stablecoin reserves as demand grows.
Historically, periods of stablecoin accumulation have often coincided with or even preceded significant increases in the cryptocurrency market.