Stablecoin capitalization slides 4.55% in 30 days despite new exchange inflows

Stablecoin transfers to cryptocurrency exchanges have shifted toward net inflows, on-chain analyst CW reported on November 6. Despite this trend, there are still signs that the overall stablecoin market remains under pressure, as total capitalization continues to decline. CW, a cryptocurrency market analyst who regularly examines blockchain transaction data, highlighted that stablecoins are now “moving back toward net inflows” to exchanges. The recent observation aligns with a reversal in previous outflow trends, suggesting a potential rebuild in trading balances after a period of withdrawals.

Source: CoinTurk News