Just in: L2 transactions reached an all-time high on August | Crypto Aula Hub on Binance Square

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Just in: L2 transactions reached an all-time high on August 21, 2024, with a record-breaking transaction volume.
#CryptoNews  #Blockchain  #L2Transactions  #FinTech  #BreakingNews" 
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Binance Dominates Stablecoin Reserves Among Top 20 Exchanges in 2025 The distribution of stablecoin reserves across the top 20 cryptocurrency exchanges as of June 3, 2025. Stablecoin reserves represent the total value of stablecoins like USDT and USDC held by exchanges on behalf of users, reflecting their liquidity and user activity. Binance leads with a commanding 58.95% share, holding $31.4519 billion in stablecoins, far ahead of OKX, which has 15.39% ($8.208 billion). Coinbase Advanced follows with 9.9% ($5.332 billion), while Bybit, MEXC, Kraken, and KuCoin hold smaller shares at 5.12% ($2.731 billion), 4.02% ($2.1443 billion), 3.17% ($1.692 billion), and 1.74% ($1.074 billion), respectively. The color-coded chart visually emphasizes Binance’s dominance, with its large purple block dwarfing the others. This data highlights Binance’s pivotal role in the crypto ecosystem, as its massive stablecoin reserves enable high trading volumes and liquidity. However, such centralization raises questions about risk and transparency, especially given past stablecoin reserve controversies in the industry. #CryptoQuantAnalysis $BNB

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