
Binance Controls 57% Of Global Exchange Stablecoin Deposits, Report Says
Key Takeaways
- Binance controls 57% of global stablecoin deposits, about $53 billion.
- TradFi perpetual trading on Binance exceeds $1.1 trillion in volume.
- 30% of Binance users hold over half their portfolios in stablecoins.
Binance’s stablecoin dominance
Binance controls 57% of global exchange stablecoin deposits, according to a report published by the exchange, translating to approximately $53 billion in stablecoin holdings.
“Binance has solidified its position as the dominant force in the cryptocurrency exchange landscape, holding a 57% share of global stablecoin deposits, according to a recent report published by the exchange”
The same report says Binance’s lead over the next largest exchange widened to $42 billion, reinforcing a concentration of liquidity within the Binance ecosystem.

Binance also reported that its trading volume in perpetual futures contracts tied to TradFi assets exceeded $500 billion between January and May, representing approximately 47% of the total $1.1 trillion cumulative market volume during that period.
Cointelegraph, citing Binance Research, adds that stablecoin-settled TradFi perpetual trading has topped $1.1T and says stablecoins are increasingly used as long-term stores of value rather than temporary trading assets.
Binance Research further found that 30% of Binance exchange users now hold more than half of their portfolios in stablecoins, up from 4% in 2020.
Coinbase adds perpetual equity
Coinbase launched perpetual equity contracts for eligible non-U.S. retail and institutional traders, expanding its derivatives offering to U.S. equities.
The new contracts let traders take leveraged positions in a group of major U.S. tech companies, commonly referred to as the Magnificent Seven: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla.

Coinbase said the contracts are settled in USD Coin, a dollar-pegged stablecoin issued by Circle Internet Financial, and that traders can access leverage of up to 10x on individual equity contracts and up to 20x on ETF-based products.
Cointelegraph’s coverage of Binance Research frames the broader backdrop as stablecoins gaining traction for cross-border payments, particularly in Latin America, where adoption has accelerated over the past 12 months.
Coinbase also positioned the launch as a move to bring perpetual equity activity back into a more regulated environment, noting that decentralized platforms have gained traction in this area.
Stablecoins, cross-margin, and competition
Coinbase said its perpetual equity contracts are tied to a risk engine that powers its crypto derivatives markets, enabling cross-margin between perpetual futures and spot positions.
“Coinbase launches perpetual equity contracts for non-U”
The exchange described the product as part of its broader ambition to become an all-in-one exchange, combining crypto, traditional assets, and new financial instruments on a single platform.
TradingView reports that the offering is currently available in selected regions via Coinbase Bermuda, which operates under the supervision of the Bermuda Monetary Authority.
Cointelegraph reports that Visa’s Allium-powered stablecoin dashboard showed adjusted stablecoin volume reached a record $1.79 trillion in June, surpassing the previous high set in February.
Cointelegraph also says Binance Research found the region’s share of Binance stablecoin transfer users more than doubled to 38% in 2026 from 17% in 2025, attributing the increase to growing demand for faster and lower-cost international transfers.
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