Binance and Coinbase received $2.0261 billion and $1.4472 billion in stablecoins, respectively, on Aug. 21, according to crypto analyst CW8900. Their combined inflows represented more than half of the market total, underscoring the exchanges’ importance in current market activity. Stablecoin deposits can provide traders with funds to buy assets such as Bitcoin and Ethereum, but they do not guarantee immediate buying. The data was shared on X and was not independently verified, so investors should also assess trading volumes, derivatives markets and broader macroeconomic conditions.