Binance Tops Stablecoin Reserves Amid Strong Market Confidence

Information: coincu.com/341372-binance-stablecoin-reserves-lead

Binance Leads with $31 Billion in Stablecoins June’s data, released by CryptoQuant, highlights Binance as the leader in stablecoin reserves among central exchanges, holding $31 billion– a notable 59% of such holdings. In total reserves, Coinbase tops the charts with $129 billion in properties, while Binance carefully follows with $110 billion. Binance’s rise to $31 billion in stablecoin reserves is a fivefold increase from its June 2023 levels, indicating a significant institutional trust and liquidity aspect.

Binance Leads with $31 Billion in Stablecoins June’s data, launched by CryptoQuant, highlights Binance as the leader in stablecoin reserves amongst central exchanges, holding $31 billion– a notable 59% of such holdings. In total reserves, Coinbase tops the charts with $129 billion in assets, while Binance closely follows with $110 billion. Binance’s surge to $31 billion in stablecoin reserves is a fivefold boost from its June 2023 levels, signifying a significant institutional trust and liquidity factor.