Binance Stablecoin Reserves Hit $28B As Institutional Interest Surges

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Binance’s stablecoin reserves on ERC-20 have reached an all-time high of $28 billion, signaling increased confidence and activity in the cryptocurrency market. This milestone reflects broader trends in 2024, a year marked by significant institutional participation and rising average deposit sizes across major exchanges. Stablecoin Reserves (ERC-20) on Binance Hit All-Time High by $28.0B “Rising reserves indicate renewed confidence, increased trading activity, and staking.” – By @JA_Maartun Read more 👇https://t.co/i0oMBZ9xck pic.twitter.com/FbKhul0e2u — CryptoQuant.com (@cryptoquant_com) December 2, 2024 Exchanges have reported sharp increases in Bitcoin and USDT deposits, indicating heightened activity from professional and corporate investors. Average Bitcoin deposits per transaction

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