Data Reveals: Binance Holds $47.5 Billion in Stablecoins, Accounting for 65% of Total CEX Market

According to recent data, Binance maintains a dominant position in the stablecoin reserve landscape. Despite the ongoing market adjustments, the pace of outflows has significantly slowed down.

Centralization of Stablecoin Liquidity

Data from CryptoQuant shows that Binance currently holds $47.5 billion in stablecoin reserves, accounting for 65% of stablecoin liquidity across all centralized exchanges (CEXs). This figure highlights Binance's pivotal role in the stablecoin market.

• Binance Stablecoin Reserves: $47.5 Billion
• Share of Total CEX Market: 65%

Analysts suggest that demand for liquidity remains concentrated on leading platforms, reflecting the ongoing trend of centralization in the cryptocurrency ecosystem.