Binance Holds Billions in XRP as South Korea Emerges as Key Holder
TLDR
Binance holds between four and five billion XRP, making it the second-largest asset on the platform.
Nearly 2.9 billion XRP, or 96% of Binance’s total XRP, is stored in its main wallet.
South Korea has emerged as a key market for XRP, driven by strong retail and institutional demand.
The growing adoption of XRP in South Korea reflects its reputation as a payments-focused cryptocurrency.
XRP’s market resilience is evident despite the challenges faced during the SEC lawsuit against Ripple.
Binance, the world’s largest cryptocurrency exchange, holds between four and five billion XRP, making it the second-largest asset on the platform. According to the Paul Barron Podcast, nearly 2.9 billion XRP is stored in Binance’s main wallet. This represents around 96% of the exchange’s XRP balance. While part of this is allocated to customers, it indicates XRP’s critical role in exchange liquidity and global trading activity.
Binance Holds Billions of XRP
Binance’s XRP reserves continue to grow, with reports suggesting the exchange holds between four and five billion XRP. The scale of Binance’s holdings underscores XRP’s continued importance in the crypto ecosystem. Nearly 2.9 billion XRP, or 96% of the exchange’s total XRP, is kept in Binance’s main wallet. As a result, XRP remains a core asset for Binance’s operations.
The exchange’s extensive XRP holdings reinforce its position as a global leader. This further emphasizes XRP’s significance for institutional liquidity and trading activity. Experts suggest that Binance’s reserves play a pivotal role in maintaining XRP’s overall market stability.
As XRP’s value fluctuates, Binance’s vast reserves could influence the token’s market sentiment. The holdings indicate Binance’s strong commitment to XRP, signaling the asset’s ongoing importance.
South Korea Emerges as a Leading XRP Holder
South Korea has become a significant market for XRP, with strong retail and institutional demand. XRP’s popularity in the region stems from its reputation as a payments-focused cryptocurrency. Many South Korean investors see XRP as an asset with real-world utility beyond speculation.
This interest is evident in the high levels of XRP trading volumes and market participation within the country. Retail investors and business owners are driving this trend, creating a significant presence for XRP. The increasing demand in South Korea highlights the asset’s appeal to a broader range of users.
Experts believe that South Korea’s robust crypto adoption and XRP’s role in payments will continue to shape the asset’s future. The country’s growing retail interest in XRP reflects a shift toward more serious digital asset engagement.
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Filed under: News - @ September 10, 2025 5:33 pm