2026-01-15 09:32:47

The stablecoin reserve size of a leading exchange has just surpassed $47.6 billion, a 51% increase compared to last year. What does this number mean? Simply put, it is more than five times the reserve of the second-largest competitor.

Even more impressive is the overall reserve pool—the combined holdings of BTC, ETH, USDT, and USDC have reached $117 billion. This is not just a numbers game; it reflects the true concentration of market liquidity behind the scenes.

From the global crypto trading ecosystem perspective, whoever controls the reserves of stablecoins and mainstream assets holds the power to influence market pricing and the position of trading hubs. The data is clear: this particular exchange has already become a core hub of global crypto liquidity, and this pattern is unlikely to be disrupted in the short term.

BTC0,45%

ETH1,23%

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MetaverseHobo

· 22h ago

This level of centralization is just too outrageous; it feels like the entire market is being controlled.

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DeFi_Dad_Jokes

· 01-15 10:02

Damn, isn't this level of monopoly about to be challenged by antitrust laws? 47.6 billion stablecoins, other exchanges are crying for sure. No wonder they call the shots, liquidity is all locked here. If this pattern truly can't be shaken in the short term, how can retail investors play? A fivefold gap, is this still called competition? Laughable. A vault worth 117 billion USD... that's a bit scary. Pricing power is in their hands, we all have to follow their lead. So does this mean the risk is also concentrated in one basket? Feels like the entire ecosystem is trapped. It's really the big ones that dominate forever.

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ApeDegen

· 01-15 10:02

This is the rhythm of unifying the martial world. The overall pattern is truly locked in.

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digital_archaeologist