Data: Binance holds the largest share of stablecoin reserves, accounting for 59% of total reserves

PANews reported on June 3 that according to CryptoQuant data, Binance leads in stablecoin reserves, with $31 billion in USDT and USDC holdings, Binance has the largest stablecoin reserves among all centralized exchanges, accounting for 59% of the total reserves. In addition, Coinbase tops the list with $129 billion in total reserves, while Binance ranks second in terms of total reserves, holding a total of $110 billion in BITCOIN, ETH, USDT, and USDC, accounting for 60% of the total reserves of the top 20 exchanges.

In terms of inflows, Binance performed strongly. As of May, it received $31 billion in USDT/USDC deposits, slightly more than Coinbase's $30 billion. So far in 2025, Binance has attracted a cumulative inflow of $180 billion in stablecoins. And in terms of cumulative cryptocurrency inflows in 2025, Binance ranks first with $335 billion, and BTC also tops the list in terms of average deposits.

28.27K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.