Binance Pulls in $6B in Stablecoins During March and April as Market Sentiment Shifts

TLDR: Binance attracted close to $6B in stablecoin inflows across March and April, reversing prior outflow trends. April alone recorded $3.5B in net stablecoin inflows despite US-Iran tensions and rising inflation fears. The ERC20 Stablecoin Exchange Supply Ratio on Binance holds near 0.30, reflecting abundant waiting capital. Elevated stablecoin reserves on Binance suggest dry powder [...]

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