Binance Amasses $31 Billion in Stablecoins, Attracting Major Investors

Binance, the cryptocurrency exchange, has consolidated $31 billion in reserves held in Tether (USDT) and USDC stablecoins, representing nearly 59% of the total stablecoin supply across the top 20 trading platforms. This information comes from analysts at [CryptoQuant](https://cryptoquant.com/community/dashboard/682f907cf949411af02abb0c?e=682f908b70c32d25617bce13).

For May 2025, Binance reported an influx of stablecoins amounting to $31 billion. Since the beginning of the year, the total inflow of USDT and USDC has reached $180 billion.

In terms of total reserves, Binance holds the second position with $110 billion in assets, which includes Bitcoin, Ethereum, USDT, and USDC. Coinbase leads with $129 billion.

Analysts also highlight that Binance provides real-time updates on its reserve data with wallet addresses via its [Proof-of-Reserves](https://www.binance.com/en/proof-of-reserves) page, while Coinbase relies on traditional financial audits.

Earlier, former Binance CEO Changpeng Zhao [cautioned](https://forklog.com/news/osnovatel-binance-predupredil-o-riskah-iz-za-mody-na-bitkoin-rezervy) about the risks associated with the widespread establishment of corporate reserves based on the first cryptocurrency.