$6.3 Billion in Stablecoins Vanish From Binance as Crypto Liquidity Dries Up
Photo: Crypto Economy
TL;DR: ERC-20 stablecoin reserves on Binance dropped to $41.6 billion in October, marking their lowest level in twelve months. Four centralized exchange platforms have accumulated a combined outflow of $13.5 billion in stable assets since April. Bitcoin’s average daily spot trading volume dropped 27% between April and October, reaching $28.2 billion. From April through October, ... Read more
Source: Crypto Economy
