Binance is sitting on roughly $41.2 billion in USDT reserves across ERC-20 and TRC-20 networks. The exchange’s stablecoin reserves have failed to reclaim their 30-day average, with combined netflows clocking in at negative $1.27 billion over the past month.
The numbers paint a cautious picture
Binance’s ERC-20 USDT reserves have dropped 2.3% over the last 30 days, placing them at just the 23.5th percentile of their monthly range. That means for roughly three-quarters of the past month, reserves were higher than they are right now.
Total USDT reserves on Binance sit approximately 12.4% below the peak of $43.9 billion recorded in December 2025.
There was a brief moment of optimism on June 5, when netflows flipped positive by about $120 million. The uptick didn’t stick, with flows quickly stabilizing back to neutral territory.
