The post Huobi’s Stablecoin Reserves Plummet 30% as Traders Withdraw Millions appeared first on Coinpedia Fintech News The past week has been tumultuous for Huobi, a well-known digital asset exchange, as its stablecoin reserves experienced a significant decline of 33%. This decline, as tracked by the data analysis platform Nansen.ai, coincided with traders withdrawing approximately $49 million in stablecoins, raising questions about the stability of Huobi’s reserves amid mounting challenges. An Unstable …
