TechFlow News, February 24: According to CoinTelegraph, Binance’s stablecoin reserves have fallen to their lowest level since October last year. CryptoQuant analyst Darkfost stated on Monday that Binance’s stablecoin reserves have declined by 18.6% since November—from $50.9 billion to $41.4 billion—representing a reduction of approximately $10 billion.
Despite this decline, Binance still accounts for roughly 64% of the total stablecoin reserves held across all exchanges. Analysts noted that exchange stablecoin reserves “typically adjust in response to investor demand,” and when a platform of this scale begins reflecting shifts in investor behavior, “it becomes a signal worth watching.”
The total market capitalization of stablecoins has hovered around $300 billion since October last year. Tightening Federal Reserve policy and weak inflows have further exacerbated liquidity constraints across the cryptocurrency market. Analysts warn that, from a broader cross-market liquidity perspective, the recent situation is unlikely to improve anytime soon.
