Data: Exchange stablecoin reserves rise to $93 billion, Binance accounts for 57%

CoinFeed July 11 news, Binance officially released data showing that the total stablecoin reserves held by cryptocurrency exchanges has reached $93 billion, of which Binance holds about $53 billion, accounting for 57% of the market share, which is $42 billion higher than the second-ranked exchange's stablecoin reserves. In addition, since the beginning of 2025, exchange stablecoin reserves have cumulatively increased by 61%, adding about $35 billion, during which Binance's market share also increased from 54% to 57%.