Binance reports 16 million XRP increase in user balances by May 2026 amid stablecoin shifts.

Binance's April Proof of Reserves shows a 16 million XRP rise in user balances, reaching over 2.6 billion XRP on-chain. This growth aligns with strong XRP prices and significant inflows into U.S. spot XRP ETFs, signaling increased investor interest. Additionally, Binance saw a major shift from USDT to regulated USDC stablecoins, reflecting changing trader preferences ahead of U.S. Senate hearings. The trend suggests continued XRP accumulation on Binance and evolving stablecoin dynamics in the crypto market.