$1.2 billion exits Binance in May as stablecoin reserves decline $7 billion

The crypto market has recorded one of its most significant capital outflows in recent times, with Binance Stablecoin Netflow data serving as the clearest lens into this dynamic, given the exchange’s global dominance.

According to the latest data, $1.2 billion in stablecoins has left Binance in May, signaling that investors are converting their holdings into stablecoins and stepping back from active market participation.