Data: Exchange stablecoin reserves rise to $93 billion, with Binance accounting for 57%

Binance's official announcement shows that the total scale of stablecoins held by cryptocurrency exchanges has reached $93 billion, of which Binance holds approximately $53 billion, accounting for 57% of the market share, which is $42 billion higher than the stablecoin reserves of the second-ranked exchange platform.

In addition, since the beginning of 2025, the stablecoin reserves of exchanges have cumulatively increased by 61%, adding approximately $35 billion, while Binance's market share has also risen from 54% to 57% during the same period.