Wintermute reports stablecoin inflows increasing for the first time since September, while exchange liquidity falls sharply ahead of an anticipated U.S. rate cut.
Stablecoin inflows rose for the first time since September, according to Wintermute, ahead of the Federal Reserve’s expected 25 basis point interest rate cut. Data shows liquidity on centralized exchanges dropped to 40% of pre-clearance levels, while futures funding rates turned positive, marking a shift in market sentiment.