Binance Leads in Altcoin & Stablecoin Transactions

Binance Leads in Altcoin & Stablecoin Transactions
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Binance continues to dominate the crypto market with unparalleled altcoin and stablecoin deposit transactions, outpacing competitors like Coinbase and Bybit. Recent data highlights its strategic role in liquidity movement and capital positioning. The platform’s dominance is evident across both Ethereum and TRON networks.

  • Binance processed 59,000 altcoin deposits in a single day during the 2024 rally, dwarfing Coinbase's 26,000.
  • Stablecoin inflows on TRON reached 384,000 USDT in a week, far exceeding Bybit's 321,000.
  • Net stablecoin inflows to Binance hit $400M/day in June, coinciding with 4,500 BTC withdrawals—a bullish signal.
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