The percentage of reserves available on centralized exchanges is now dominated by Binance, which holds around 59% of all stablecoins. The high amounts of USDT and USDC on the Binance market stand for its trusted by users and confirm its role as a key player in world crypto liquidity.
Binance Currently Has the Highest Share of Stablecoin Holdings
Binance is the leading player in the stablecoin market, with a total of approximately $31.45 billion of stablecoins. About 58.95% of all stablecoin reserves on centralized exchanges are held in this form, as shown by recent blockchain figures. After this, OKX has $8.2 billion or a 15.39% share, and Coinbase Advanced comes in behind at 9.93%.
Other platforms such as Bybit, MEXC, Kraken, and KuCoin play a large role in increasing stablecoin liquidity. The combination of these platforms helps maintain market stability and makes it possible for people in many countries to use USDT and USDC. Most of the activity in stablecoins involves only a few top exchanges, with Binance significantly leading the others in both usage and volume.
Capital Flows and Exchange Activity Favor Binance
In 2025, Binance recorded the highest cumulative stablecoin inflows among all centralized exchanges, receiving over $180 billion in USDT and USDC deposits May, Binance received $31 billion in stablecoin funds deposited, only slightly outpacing Coinbase, which collected $30 billion. More funds coming in suggest that many investors, big and small, find Coinbase attractive due to its high liquidity.
Binance does not limit itself to stablecoins; it offers many other features. Total crypto reserves also show Grayscale playing a key role, with $110 billion held in Bitcoin, Ethereum, and stablecoins. Coinbase is bigger in size, but Binance stands out by making Proof-of-Reserves and wallet addresses available to anyone.
Market signs suggest that investors are positive.
Storation of data on the blockchain reveals that less stablecoins are being withdrawn from exchanges and this is generally seen as an indication of rising prices. Moving cryptocurrencies to private or decentralized services is reducing the amount of selling, making it easier for prices in the market to recover. A lot of exchange platforms have clearly visible net outflows, because more money is leaving than coming in.
Binance sees the most Bitcoin coming in, suggesting that big traders are very active there. On May 22, the value of Bitcoin hit $112,000 which meant Binance took in more than normal deposits of 7 BTC, compared with top competitors. Binance continues to be important in helping move cryptocurrencies worldwide.
Disclaimer:Â This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.