Binance Continues to Lead Crypto Market With 59% Stablecoin Reserve
- Binance holds control over 59% of the total stablecoin reserve
- Binance also leads in terms of 2025 inflows and has the highest average Bitcoin deposits
Binance continues to deepen its roots in the crypto market with each passing year. A recent statistics report by an on-chain data and analytics provider, CryptoQuant, further confirms Binance’s unbeatable role in the crypto market. User-friendly trading services, high liquidity, and transparency are the major highlights driving Binance adoption.
CryptoQuant found that Binance holds the largest amount of the stablecoin reserves. It holds a total of over $31 billion in USDT and USDC, the top two stablecoins. This underlines how important the platform has become for maintaining the overall market liquidity in crypto. Its closest competitor in terms of stablecoin reserves is OKX, which is far behind Binance, with only 15.39% of the total reserves.
Other reputed crypto exchange platforms, Coinbase Advanced, Bybit, MEXC, Kraken, and Kucoin, follow the list with single-digit percentages. On the other hand, Coinbase leads in terms of overall crypto reserves worth $129 billion. Binance stands in the second position when it comes to overall crypto reserves, with $110 billion.
Binance and Coinbase Lead Market Inflows: CryptoQuant
In its recent report, “The On-Chain State of Centralized Crypto Exchanges – Reserves and Inflows,” CryptoQuant discussed various metrics of CEXs. It revealed multiple statistics, revealing on-chain metrics of top centralized crypto exchange platforms.
The top two crypto exchanges recorded the highest amount of crypto inflows. While Coinbase recorded $344 billion, Binance accounted for $335 billion in cumulative inflows. These two exchanges reflect how much the total crypto market depends on centralized trading platforms.
Binance continues its dominance in terms of the highest average Bitcoin inflow metric as well. The average Bitcoin deposit to the exchange spiked to record levels last month. Bitcoin rechecking an all-time high is one of the major drives behind this.
The CryptoQuant publication revealed the significant role of centralized crypto exchanges in increasing crypto adoption. Binance already has a proven track record of being the largest crypto exchange platform in the world. With the recent on-chain metrics, the platform further fostered its position in the market.
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Binance Continues to Lead Crypto Market With 59% Stablecoin Reserve
- Binance holds control over 59% of the total stablecoin reserve
- Binance also leads in terms of 2025 inflows and has the highest average Bitcoin deposits
Binance continues to deepen its roots in the crypto market with each passing year. A recent statistics report by an on-chain data and analytics provider, CryptoQuant, further confirms Binance’s unbeatable role in the crypto market. User-friendly trading services, high liquidity, and transparency are the major highlights driving Binance adoption.
CryptoQuant found that Binance holds the largest amount of the stablecoin reserves. It holds a total of over $31 billion in USDT and USDC, the top two stablecoins. This underlines how important the platform has become for maintaining the overall market liquidity in crypto. Its closest competitor in terms of stablecoin reserves is OKX, which is far behind Binance, with only 15.39% of the total reserves.
Other reputed crypto exchange platforms, Coinbase Advanced, Bybit, MEXC, Kraken, and Kucoin, follow the list with single-digit percentages. On the other hand, Coinbase leads in terms of overall crypto reserves worth $129 billion. Binance stands in the second position when it comes to overall crypto reserves, with $110 billion.
Binance and Coinbase Lead Market Inflows: CryptoQuant
In its recent report, “The On-Chain State of Centralized Crypto Exchanges – Reserves and Inflows,” CryptoQuant discussed various metrics of CEXs. It revealed multiple statistics, revealing on-chain metrics of top centralized crypto exchange platforms.
The top two crypto exchanges recorded the highest amount of crypto inflows. While Coinbase recorded $344 billion, Binance accounted for $335 billion in cumulative inflows. These two exchanges reflect how much the total crypto market depends on centralized trading platforms.
Binance continues its dominance in terms of the highest average Bitcoin inflow metric as well. The average Bitcoin deposit to the exchange spiked to record levels last month. Bitcoin rechecking an all-time high is one of the major drives behind this.
The CryptoQuant publication revealed the significant role of centralized crypto exchanges in increasing crypto adoption. Binance already has a proven track record of being the largest crypto exchange platform in the world. With the recent on-chain metrics, the platform further fostered its position in the market.
Highlighted Crypto News Today:
Paris-Based Blockchain Group Accumulates 1,471 BTC as Institutional Demand Surges
Read More