Key Notes
ERC20-based USDT reserves surge to roughly $32.6 billion, offsetting a TRC20 decline.
Single-day inflows on Binance recently exceeded $2.1 billion in USDT and USDC.
Analysts see rising institutional deposits and a possible bullish Q4 for crypto markets.
Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility.
Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders.
Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4 581 24h volatility: 2.1% Market cap: $552.78 B Vol. 24h: $42.37 B stablecoins.
While TRC20 USDT holdings have dropped about $8 billion over the