Binance stablecoin inflows hit a record high of $10.2 billion in the past month
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According to CryptoQuant analysts, the inflow of Binance stablecoins has reached a historic high of $10.2 billion in the past month. This surge indicates that an increasing number of trading activities are relying on Binance, including the purchase of Bitcoin and , as well as participation in the futures market. Analysts state that stablecoins such as USDT and USDC are crucial for traders, serving as a stable bridge between fiat currency and crypto assets. These funds are used for: spot market trading: purchasing major assets such as Bitcoin, Ethereum, and ; futures trading: using stablecoins as collateral for margin positions; and : leveraging yield-generating opportunities within the Binance ecosystem.
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