Nexo stablecoin balance rises to $8.4M amid growing capital inflows

Crypto lending firm Nexo's stablecoin balance has reached $8.44 million, a 7.5% increase from the previous figure of $7.85 million, crypto analyst CryptoOnchain reported. CryptoOnchain explained that this steady growth indicates a significant expansion of user engagement and capital inflow into the Nexo ecosystem.