Data: Exchange Stablecoin Reserves Rise to $93 Billion, Binance Accounts for 57%

Odaily reports that data from Binance shows the total stablecoin reserves held by cryptocurrency exchanges have now reached $93 billion. Of this, Binance holds approximately $53 billion, accounting for a 57% market share, which is $42 billion more than the stablecoin reserves of the second-ranked exchange platform. Furthermore, since the beginning of 2025, total exchange stablecoin reserves have grown by 61%, an increase of about $35 billion. Over the same period, Binance's market share has also risen from 54% to 57%.