June 7, 2025
Cryptoquant: Binance has accumulated $ 31 billion in steiblins thumbnail
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Cryptoquant: Binance has accumulated $ 31 billion in steiblins

The Binance cryptocurrency has concentrated $ 31 billion on USDT and USDC is about 59% of the total volume of steiblcoins on the top 20 trading platforms. This is stated in the Cryptoquant report. Source: Cryptoquant. In May 2025 alone, $ 31 billion in steiblcoins was received. Since the beginning of the year, USDT total inflow and USDC has exceeded $ 180 billion. “Binance retains leadership for […]”, – WRITE: Businessua.com.ua

Cryptoquant: Binance Accumulated $ 31 billion in steiblcons - Infbusiness

The Binance cryptocurrency has concentrated $ 31 billion on USDT and USDC is about 59% of the total volume of steiblcoins on the top 20 trading platforms. This is stated in the report Cryptoquant.

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Source: Cryptoquant.

In May 2025 alone, $ 31 billion in steiblcoins was received. Since the beginning of the year, USDT and USDC has exceeded $ 180 billion.

“Binance maintains leadership in the average volume of deposits in bitcoins, which testifies to interest from large market participants. On May 22, the average deposit reached 7 BTC – on the day when the bitcoin updated the historic maximum at $ 112,000. For comparison: on Bitfinex – 5 BTC, OKX – 1.23 BTC, Kraken – 0.7 BTC, Coinbase – 0.8 BTC.

Binance ranks second in total reserves among exchanges – $ 110 billion in BTC, ETH, USDT and USDC. The leader is Coinbase with $ 129 billion.

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Source: Cryptoquant.

Analysts emphasize that Binance provides up-to-date information about Proof-Off-Rerserves reserves indicating wallet addresses. While Coinbase rests on traditional audits.

Earlier, Binance founder Chanpene Zhao warned about the risks associated with fashion for the formation of corporate reserves in BTC.

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