Crypto Exchanges Hold $93B in Stablecoin Reserves; Binance Controls 57% With $53B

According to Binance's official data released on July 11, crypto exchanges hold a combined $93 billion in stablecoin reserves, with Binance controlling approximately $53 billion, representing a 57% market share. Binance's holdings exceed those of the second-largest exchange by $42 billion. Since early 2025, exchange stablecoin reserves have grown 61% (an increase of $35 billion), during which Binance's market share expanded from 54% to 57%.
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