Binance holds the largest share of stablecoin reserves, accounting for 59% of total reserves.

According to CryptoQuant data, Binance leads in stablecoin reserves, holding $31 billion in USDT and USDC, making it the largest stablecoin reserve among all centralized exchanges, accounting for 59% of total reserves.

Additionally, Coinbase ranks first with a total reserve of $129 billion, while Binance is second with a total reserve of $110 billion in Bitcoin, ETH, USDT, and USDC, accounting for 60% of the total reserves of the top 20 exchanges.

In terms of fund inflows, Binance has performed strongly. As of May, it received $31 billion in USDT/USDC deposits, slightly exceeding Coinbase's $30 billion. From 2025 to date, Binance has attracted a total of $180 billion in stablecoin inflows. In terms of total cryptocurrency inflows in 2025, Binance leads with $335 billion, and the average deposit amount for BTC also ranks first.