
cyber
@vcococ
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🤑Binance continues to assert its leading CEX position with $31 billion in Stablecoin reserves, $180 billion in inflows
🔥 Binance currently holds the largest stablecoin reserves (USDT and USDC) in the market at $31 billion, accounting for 59% of the total stablecoin reserves of the entire market. This number ensures abundant liquidity, helps transactions run smoothly and strengthens users' confidence.
🔥In May alone, Binance received $31 billion in stablecoin deposits, and since the beginning of the year, the total stablecoin inflow has reached $180 billion.
✔️On May 22, the average Bitcoin deposit to Binance by large investors (whales) reached 7 BTC, surpassing Bitfinex (5 BTC) and OKX (1.23 BTC).
✔️While Coinbase leads in total reserves ($129 billion), Binance ranks second with $110 billion in assets across Bitcoin, ETH, USDT, and USDC. Notably, Binance publishes on-chain real-time Proof of Reserves (PoR) with public wallet addresses. 0 reply
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