Binance Sees Record USDC Inflow Amid Bitcoin Price Surge
Binance, one of the largest cryptocurrency exchanges, saw its USDC inflow reach $470 million on August 24. This marked a significant increase in dollar-linked liquidity available for exchange trading.
The influx of USDC arrived after Bitcoin posted its largest weekly gain in more than three years. The price of BTC surged approximately 23% during the week ending August 21, reaching a new high above $80,000 on August 25.
US spot Bitcoin ETFs also recorded their strongest weekly inflow performance since early October 2025. The seven-day average of net ETF flows reached 3,820 BTC on August 21, with a total of approximately 26,700 BTC flowing in during the week.