A post by @heyibinance on X.
Fiat withdrawals are now available for the following currencies:
@heyibinance on X
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Binance co-founder Yi He announced that fiat withdrawals are now live for five currencies: USD, AED, VND, PHP, and IDR. The update, shared via her official X account, extends direct off-ramp access for users in the US, UAE, Vietnam, Philippines, and Indonesia—five markets where converting crypto to local currency has often required third-party intermediaries. The move matters because it deepens Binance's fiat rails in Southeast Asia and the Gulf, regions with high crypto adoption but fragmented banking access, and could lift trading volumes and user retention on the world's largest exchange by volume. It also signals Binance's continued regulatory normalization efforts as it rebuilds banking relationships post-settlement. What to watch: whether Binance extends similar withdrawal support to additional currencies and regions, and whether competing exchanges like Coinbase and OKX respond with expanded fiat infrastructure of their own.
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Named in this story
Binance, Yi He