Binance and Coinbase

in hive-150943 •  5 days ago 

Binance and Coinbase report record stablecoin inflow after Trump’s victory

CryptoQuant reported a $9.3 billion stablecoin inflow into Binance and Coinbase following Donald Trump’s victory in the presidential election.

This volume of inflows, especially in ERC-20 stablecoins, was last seen in 2020 and suggests potentially bullish sentiment in the crypto market.

Out of the total volume, Binance received $4.3 billion, while Coinbase got $3.4 billion.

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5 days ago by

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