Binance now holds $47.5 billion in stablecoins, representing 65% of all stablecoin liquidity across exchanges, while its competitors lag significantly behind. This consolidation mirrors a broader trend in the cryptocurrency market, where capital is becoming more concentrated on centralized platforms despite ongoing bear market pressures. Such dynamics indicate that while the market faces challenges, liquidity remains within major exchanges like Binance rather than exiting the crypto ecosystem entirely.
Binance holds 65% of $47.5B stablecoin liquidity on exchanges
