Binance’s stablecoin reserves have dropped to $41.6 billion, a one-year low, after $6.3 billion left the exchange since April. The drain is market-wide, and it is starving crypto rallies of fresh buying power.
Binance stablecoin reserves fell to $41.6B, a one-year low, with $6.3B leaving since April, suggesting weaker buying power across the market.
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