Massive Stablecoin Inflows to Binance and Coinbase Hint at Bullish Market Rally After Trump Victory

1 min read

6 months ago bitnews

Two leading cryptocurrency exchanges, Binance and Coinbase, saw a whopping $9.3 billion worth of stablecoin inflows on the Ethereum network after Republican candidate Donald Trump won the U.S. presidential election. According to analysis from on-chain analytics firm CryptoQuant, out of the $9.3 billion worth of ERC-20 stablecoins deposited not these exchanges, $4.3 billion flowed to