Binance and Bybit Record Over $2.3 Billion in Stablecoin Outflows

The post Binance and Bybit Record Over $2.3 Billion in Stablecoin Outflows appeared first on Coinpedia Fintech News

Binance and Bybit saw more than $2.3 billion in combined stablecoin outflows over the past 30 days, including about $1.55 billion from Binance and $786 million from Bybit. The decline in exchange stablecoin reserves suggests weaker market liquidity and lower demand for crypto trading. Reduced liquidity may limit Bitcoin’s ability to sustain a breakout from …