Binance Breaks Records with $6.2 Billion Stablecoin Surge Ahead of FOMC Meeting

Binance stablecoins hit a new all-time high, exceeding $39 billion in reserves following a significant influx of $6.2 billion on September 8th. Market players are positioning their funds ahead of the Federal Open Market Committee (FOMC) meeting scheduled for September 16-17. This activity coincides with anticipation regarding potential interest rate changes and market volatility.