BlockBeats news, October 27 - According to CryptoQuant data, the stablecoin reserves held by Binance and Binance.US account for approximately 75% of the total across monitored crypto trading platforms, with the remaining platforms collectively holding about 25%. In mid-2025, this proportion was around 58%, and by October 2026 it had risen to nearly 75%.
Data shows that stablecoin reserves are further concentrating in Binance, meaning its influence in crypto market liquidity continues to expand. Stablecoins can serve as potential trading capital, providing purchasing power for crypto assets such as Bitcoin, but an increase in reserve scale does not necessarily mean buying orders are about to enter the market.
Additionally, the rise in Binance's stablecoin reserve share may also stem from declines in reserves at other trading platforms rather than net capital inflows. Therefore, it is still necessary to combine total stablecoin volume and capital flow directions to determine whether this will translate into new demand for the crypto market.
