65% of CEX Stablecoins Sit on Binance as Exchange Reserves Hit $47.5B, CryptoQuant Reports

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 [...]

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