He Yi: Binance has distributed over $1.2 billion in returns to stablecoin holders.
Related
Binance Research released a stablecoin industry report: platform stablecoin reserves reached $53 billion, with market share rising to 57%.
Odaily Odaily that Binance Research has released an industry report titled "Stablecoins: Reshaping the Financial Landscape." The report shows that as of now, Binance's stablecoin reserves have reached $53 billion, increasing its market share from 54% to 57%, approximately $42 billion higher than the second-largest exchange. Meanwhile, in the first five months of 2026, the cumulative trading volume of TradeFi-related perpetual contracts exceeded $1.1 trillion, with Binance accounting for over $500 billion, representing approximately 47% of the market share. Furthermore, since 2022, Binance Wealth Management has distributed $1.2 billion in yield to over 14 million stablecoin users; BNB Chain sees 10 million daily stablecoin transactions and 15 million monthly active addresses, representing a market share of approximately 24% by transaction volume. The report points out that stablecoins are evolving from crypto asset trading tools into a crucial global financial settlement infrastructure, and Binance has built a one-stop stablecoin financial ecosystem covering trading, payments, yields, investment, and on-chain ecosystem.
AKE's major shareholders transferred another $2.24 million worth of tokens to Binance Alpha and then sold them off, causing AKE to drop another 33%.
According to BlockBeats, on July 7th, on-chain analyst Yu Jin monitored that three days ago, approximately $1.22 million worth of AKE (3.944 billion tokens) was transferred to Binance Alpha by AKE market makers and then sold off. AKE fell 40% that day, from $0.0005 to $0.0003. In the past few hours today, approximately $2.24 million worth of AKE (9.825 billion tokens) continued to be transferred to Binance Alpha by AKE market makers, while a sell-off is also occurring on-chain. Affected by this, AKE was again dumped by 33%, with the price falling from $0.0003 to $0.0002.
Analysts: Stablecoin market capitalization shrinks by over $3 billion per month, Bitcoin's rebound lacks "fuel" support.
PANews reported on July 8th that CryptoQuant analyst Axel Adler Jr. stated that since mid-May, the stablecoin market has shifted from a source of liquidity to a source of liquidity depletion. The 30-day average inflow into stablecoin exchanges has fallen from $3.2 billion to $2.65 billion, 31% lower than the annual average of $3.86 billion; the combined market capitalization of USDT and USDC is shrinking at a rate exceeding $3 billion per month. The analyst points out that Bitcoin's 21% drop since mid-May is a direct consequence of this "fuel" shortage. Currently, the market is losing liquidity on two levels simultaneously: fewer new stablecoins are flowing into exchanges, and the dollar base itself is contracting. Improvement requires a reversal of both indicators—the 30-day average inflow returning above the annual average, and the monthly change in market capitalization returning to positive territory.
Tether burned 2.5 billion USDT on Ethereum in a single day, the largest single-day destruction since February.
According to Mars Finance, on July 8th, CryptoQuant, citing on-chain data analysis, reported that on July 7th, the Tether Treasury burned $2.5 billion worth of USDT on the Ethereum network, the largest single burn on the network since February this year. This surpasses the $2 billion burn on May 8th and is second only to the historical high of $3.5 billion on February 10th. Simultaneously, the USDT balance flowing in and out of Binance via the Tron network fell to approximately $806 million, the lowest level since December 29th, 2025 ($391 million), falling below the $1 billion mark, indicating a significant contraction in USDT liquidity through the Binance Tron channel. While the large-scale burn by the Tether Treasury primarily reflects redemptions, fund management, or cross-chain rebalancing operations, it is not a direct market signal. However, the simultaneous contraction in Ethereum supply and Binance Tron liquidity warrants continued monitoring to see if the trend of synchronized tightening of liquidity in both stablecoin chains continues.
Mirae Asset lays out crypto, stablecoin, tokenization plans
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea Times.
Tokenized stock holders more than double as monthly volume surges
Tokenized equities reached 1.31 million holders over the past month, as monthly transfer volume surged 179% to $23.13 billion and distributed value rose 5.9% to $2.38 billion.