Binance Dominates Stablecoin Reserves with $31 Billion, Attracting Major Investors

The cryptocurrency exchange Binance has consolidated $31 billion in reserves in Tether (USDT) and USDC stablecoins, accounting for nearly 59% of the total volume of «stablecoins» across the top 20 trading platforms. This information comes from analysts at CryptoQuant.

In May 2025, Binance reported inflows of stablecoins totaling $31 billion. Since the beginning of the year, the influx of USDT and USDC has reached $180 billion.

Binance ranks second in terms of total reserves with $110 billion in assets, including Bitcoin, Ethereum, USDT, and USDC. Coinbase leads with $129 billion.

Analysts point out that Binance provides real-time data on its reserves (Proof-of-Reserves) along with wallet addresses, whereas Coinbase relies on traditional financial audits.

Earlier, former Binance CEO Changpeng Zhao warned about the risks associated with the widespread creation of corporate reserves based on the first cryptocurrency.