The post How Binance’s $22B Stablecoin Inflows Powered Bitcoin’s Rally? appeared first on Coinpedia Fintech News
In March 2023, Binance’s share of the stablecoin market cap stood at just 4%. Now, it has grown to as high as 16.8%. Some believe that Binance’s stablecoin inflow played a crucial role in Bitcoin’s rally to the milestone of $100K. Let’s examine the scenario for better clarity. Ready? Binance’s Record-Breaking Stablecoin Inflows A crypto …