Binance is losing stablecoin weight fast. The exchange’s USDC holdings fell 21.6% over a 30-day window to approximately $4.6 billion, with total stablecoin outflows crossing the $1 billion threshold during the same period.
To put that in perspective: Binance was sitting on roughly $10.2 billion in USDC as recently as May 2026. The current figure represents less than half of that peak.
The numbers behind the slide
The USDC decline does not exist in isolation. Binance’s USDT reserves also took a hit, falling $1.27 billion, which puts them 12.4% below their December 2025 peak.
In April 2026, USDC holdings on the platform sat at around $7.51 billion. By May, they climbed to $10.2 billion. The current reading near $4.6 billion means the exchange has shed more than half its USDC position in roughly two months.
