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Guavy AI Editorial Team••Sentiment: -3•Clout: 82

Binance Stablecoin Outflows Hit $115M Daily Amid Crypto Market Volatility

BNBUSDTUSDC

The crypto market has been experiencing a decline in stablecoin reserves on exchanges, which could leave it vulnerable to sudden bouts of volatility.

CryptoQuant data shows that USD Coin (USDC) reserves have fallen by 21% over the past month, while Tether (USDT) saw massive single-day outflows of $997 million on June 26 and $838 million on July 7.

This has led to a total stablecoin outflow of $115 million per day for the past week from Binance alone.

Crypto analyst Crypto Onchain suggests that this liquidity drain is migrating to DeFi, cold storage, and OTC desks, leaving crypto vulnerable to localized bouts of volatility.