Binance Surpasses $45 Billion in Stablecoin Reserves

Binance's recent achievement of surpassing $45 billion in stablecoin reserves has significant implications for the cryptocurrency landscape. As the largest centralized exchange (CEX) by usage, Binance continues to dominate the market despite regulatory challenges.

The company holds approximately 65% of the total stablecoins on CEXs, which is a substantial concentration of liquidity. This reserve enables efficient price discovery and reduces slippage, making it an attractive feature for traders.

However, this centralized structure also raises concerns about market risk. If Binance were to experience operational or regulatory issues, it could have a ripple effect on the global crypto liquidity.