Binance Sees Record Stablecoin Inflow: Signals Potential Crypto Rally?

Binance, the world’s largest cryptocurrency exchange by trading volume, received a significant influx of stablecoins worth over $1 billion on May 6th. This massive inflow, exceeding previous monthly records, coincides with rising market confidence and suggests a potential crypto bull run is brewing. Analysis indicates that these funds might be used for further crypto buying as traders anticipate more gains.