Binance Remains Market Leader with Dominating Stablecoin Reserve and High Inflows

Binance continues to exert its influence on the cryptocurrency market, according to recent data from CryptoQuant. The exchange commands a massive 59% of total stablecoin reserves, including over $31 billion in USDT and USDC, highlighting its critical role in maintaining market liquidity. Binance also reigns supreme in terms of crypto inflows, exceeding $335 billion in the past year, placing it ahead of Coinbase ($344 billion). Its dominance extends to average Bitcoin deposit levels, which recently reached record highs, driven by Bitcoin’s all-time high.