PANews reported on June 3 that according to CryptoQuant data, Binance leads in stablecoin reserves. With USD 31 billion in USDT and USDC holdings, Binance has the largest stablecoin reserves among all centralized exchanges, accounting for 59% of the total reserves. In addition, Coinbase topped the list with a total reserve of USD 129 billion, while Binance ranked second in total reserves, holding a total of USD 110 billion in Bitcoin, ETH, USDT and USDC, accounting for 60% of the total reserves of the top 20 exchanges.
In terms of capital inflow, Binance performed strongly. As of May, it received $31 billion in USDT/USDC deposits, slightly more than Coinbase's $30 billion. Since 2025, Binance has attracted a total of $180 billion in stablecoin inflows. In terms of the cumulative inflow of cryptocurrencies in 2025, Binance ranked first with $335 billion, and the average BTC deposit volume also ranked first.
