[Darkfost: Binance Stablecoin Reserves Drop to Nearly One-Year Low]
Crypto analyst Darkfost stated that Binance's current ERC-20 stablecoin reserves are approximately $41.6 billion, falling back to levels seen in early October 2025. Since April 2026, Binance's stablecoin reserves have decreased by about $6.3 billion, with a market value change of approximately -4.7% over the past 90 days and an average monthly net outflow of stablecoins around $62 million. During the same period, stablecoin reserves at Bybit, Coinbase Advanced, and OKX have respectively decreased by approximately $2.3 billion, $2.5 billion, and $2.4 billion. Binance currently holds over 70% of the stablecoin reserves across all exchanges. Darkfost believes that the decline in exchange stablecoin liquidity reflects investors' cautiousness in increasing exposure to crypto assets, with some funds shifting to other platforms to seek returns.
