Binance and Binance.US Hold Nearly 75% of Tracked Stablecoin Reserves

Binance and Binance.US now hold close to three-quarters of stablecoin reserves across monitored crypto trading platforms, concentrating a larger share of funds that can support digital-asset trading. Their combined share was about 58% in mid-2025. Other monitored platforms now account for roughly one-quarter of the reserves. A rising share does not necessarily mean that Binance or Binance.US received new funds. The proportion can increase if reserves at other platforms fall. Stablecoins can serve as trading funds for Bitcoin (BTC) and other digital assets, but a larger reserve share does not establish that buying is imminent.