Key Notes

CryptoQuant reported that Binance's stablecoin reserve has topped $51.1 billion.

To complete this, BTC and ETH inflows into Binance came in at $15 billion.

Generally, there is a surge in the rate of stablecoin adoption.

Blockchain analytics platform CryptoQuant has reported a significant surge in Bitcoin BTC $87 234 24h volatility: 0.4% Market cap: $1.74 T Vol. 24h: $59.31 B stablecoin reserve on exchanges. Precisely, it hit a record of $51.1 billion, marking the highest level in all of history.

Binance Outperforms Other Exchanges in Stablecoin Reserve

According to CryptoQuant data, exchanges have been seeing a surge in inflows as the crypto market begins to correct.

At the same time, Binance’s stablecoin reserve hit $51.1 billion on Nov. 15

See Full Page