CryptoQuant: Binance holds $47.5 billion in stablecoins, accounting for 65% of the exchange's total liquidity
CryptoQuant posted on platform X that currently, $47.5 billion in stablecoins is concentrated on a single exchange. Binance holds 65% of the stablecoin liquidity across all exchanges, while competitors still lag far behind, even as outflows have slowed in the bear market. Funds have not left the crypto space; instead, they are concentrating.
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