📊 Binance's Dominance: 16.8% of Stablecoin Market Controlling Crypto Liquidity 🚀
Binance now controls 16.8% of the stablecoin market, a dramatic increase from 4% in March 2023. This surge significantly enhances liquidity, impacting Bitcoin and the broader crypto market. Overall, exchanges hold 24.16% of the stablecoin market, highlighting their importance in driving price fluctuations.
The more stablecoins on Binance, the greater their influence on Bitcoin's price and the overall crypto market trend!