65% of CEX Stablecoins Sit on Binance as Exchange Reserves Hit $47.5B, CryptoQuant Reports – Blockonomi
TLDR: Binance holds $47.5B in USDT and USDC reserves, a 31% year-over-year increase from $35.9B in 2024. CryptoQuant confirms Binance commands 65% of total stablecoin liquidity across all centralized exchanges globally. OKX, Coinbase, and Bybit trail with 13%, 8%, and 6% shares of total CEX stablecoin reserves respectively. Bear market outflows have slowed to $2B…