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Binance's USDC holdings drop 22% to $4.6B amid $1B stablecoin outflows in 30 days

Market News
09 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Binance's USDC reserves have fallen 21.6% in 30 days to about $4.6 billion, down from a May 2026 peak of $10.2 billion, with over $1 billion in stablecoin liquidity exiting the platform. This decline also coincides with a $1.27 billion drop in Binance's USDT reserves. The outflows likely reflect user withdrawals, possibly due to shifts toward Bitcoin, other venues, or self-custody wallets, and are influenced by the new MiCA stablecoin regulations in Europe. While Binance remains dominant with $42.3 billion in USDT, the shrinking USDC share raises questions about its favorability compared to Tether. Investors should watch whether outflows slow or continue and how USDT reserves behave in coming months.

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