The post Binance’s $22B Stablecoin Inflows Power Bitcoin’s $100K Rally – Here’s How appeared first on Coinpedia Fintech News
In March 2023, Binance held just 4% of the stablecoin market cap. Today, that figure has skyrocketed to 16.8%. Many believe that Binance’s influx of stablecoins has played a crucial role in Bitcoin’s recent rally, helping it hit the $100K mark. Let’s break down what’s happening and why it matters. Massive Stablecoin Inflows in 2024 …