Stablecoin Liquidity Shrinks to $64B as Binance Grabs Bigger Slice of Shrinking Pie

TLDR: Exchange stablecoin liquidity fell from $80B to $64B as the 2026 bear market drained capital. Binance’s reserve share rose from ~60% to 68.5% even as its own balances declined. Binance saw $1.75B in monthly outflows; OKX and Bybit also posted sizable declines. Bitcoin fell 48% since October while the S&P 500 and Nasdaq posted [...]

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