Data: Binance and Binance.US stablecoin reserves rise to nearly 75%

According to CryptoQuant data, as of October 27, Binance and Binance.US combined hold approximately 75% of the stablecoin reserves across all monitored crypto exchanges—leaving roughly 25% held by all other platforms. This share has risen steadily from around 58% at mid-2025 to nearly 75% by October 2026. The accelerating concentration of stablecoin reserves at Binance reflects its increasingly dominant role in the crypto market’s liquidity landscape. As a potential source of trading capital, stablecoins can support purchasing power for crypto assets—including Bitcoin—but an expansion in reserve size does not automatically translate into immediate buying pressure. Notably, Binance’s rising stablecoin reserve share may stem either from net inflows into Binance itself or from contractions in reserves held by other exchanges. Therefore, to assess whether these reserves will meaningfully translate into new demand in the crypto market, it remains essential to monitor both total stablecoin supply trends and cross-platform fund flows.