Binance and Binance.US Hold Nearly 75% of Tracked Stablecoin Reserves

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75%

stablecoin reserve share

$USDT

$182.25B mcap

$USDC

$71.06B mcap

$BNB

$741.60

+0.5%

Their combined share was about 58% in mid-2025. A higher share does not necessarily mean new funds entered either platform.