Stablecoin Reserves Hit $41.6B on Binance as OCC Finalizes Rules

Key Insights Stablecoin reserves on Binance fell to $41.6 billion, their lowest level in approximately one year. The OCC finalized GENIUS Act regulations on October 21, removing a proposed presumption against certain third-party rewards. The final rules retained one-to-one backing while reducing immediate liquidity requirements from 10% to 5%. Stablecoin reserves on Binance fell to $41.6 billion on October 21, according to CryptoQuant analyst Darkfost. The decline followed a $6.3 billion reduction in tracked holdings since April 2026. Meanwhile, the Office of the Comptroller of the Currency (OCC) finalized its GENIUS Act regulations.