Binance’s $31B Stablecoin Reserves Signal Strong Market Confidence Despite Bitcoin’s Lull
Binance's record $31 billion reserves and institutional Bitcoin adoption reflect optimism for 2025.
Binance's record $31 billion reserves and institutional Bitcoin adoption reflect optimism for 2025.
The trading pairs introduced to users include RLUSD/USDC, BTC/RLUSD, XRP/RLUSD, ETH/RLUSD, USD/RLUSD, EUR/RLUSD, and SOL/RLUSD.
November 2024 weekly crypto trade volumes in Europe hit €12B, driven by Bitcoin's $100K milestone as well as surging institutional
Stablecoin inflows of Tether have been key in driving upward momentum, supporting the over two-month crypto bull market.
USDtb has reportedly passed rigorous audits and is backed by custodians like Copper and Coinbase Institutional.
TRON surged past dips in mid-2024 to achieve a record-breaking USDT transfer volume in November as stablecoin demand grew globally.
The majority is on the Ethereum network, instead of XRPL.
Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.
XRP jumped from under $2.38 to over $2.47 in minutes.
Ethereum’s DeFi ecosystem gets a liquidity boost as Tether mints $20 billion in USDT, showcasing the network's rising dominance over