Crypto News Update
Binance’s stablecoin reserves have surpassed 45 billion dollars and now account for 65 percent of all stablecoins held on centralized exchanges. This figure includes the total amount of USDT and USDC stored in exchange related wallets.
At the moment, Binance holds around 47.5 billion dollars in USDT and USDC. This shows a 31 percent increase compared to last year.
Compared to competitors: OKX holds around 9.5 billion dollars.
Coinbase holds about 5.9 billion dollars.
Bybit holds nearly 4 billion dollars.
As potential crypto regulations in the United States continue to evolve, stablecoin reserves across exchanges are rising, with more capital flowing toward Binance.
At the same time, a Federal Reserve official stated that stablecoins could strengthen the role of the US dollar. Reducing regulatory restrictions may also support economic growth without creating significant inflation pressure.
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