According to RemitRoutes data, the cheapest way to cash out USDC to Morocco right now is to off-ramp through Binance P2P, which sells USDC for MAD at roughly a 1.03% spread. All-in — the USD on-ramp, the on-chain transfer, and the off-ramp spread — that works out to about -4.43% of the amount on a $1,000-equivalent transfer. That is about 5.62 percentage points cheaper than the best bank or fintech we track (Remitly at 1.19%).
| Step | Where | What happens |
|---|---|---|
| 1 | Coinbase | Buy USDC with USD |
| 2 | Solana | Send USDC on-chain — settles in seconds, cents in network fees |
| 3 | Binance P2P | Sell USDC for MAD (~1.03% spread), withdraw to a local bank or wallet |
According to live RemitRoutes data, the cheapest USDC-to-MAD off-ramp is Binance P2P, charging roughly a 1.03% spread to convert USDC to MAD. Including the USD on-ramp, the on-chain network fee, and that off-ramp spread, the all-in cost is about -4.43% of the amount on a $1,000-equivalent transfer. We re-measure every 6 hours.
Binance P2P currently shows the lowest USDC-to-MAD spread in our data, settling over Solana. Off-ramp rates move with local liquidity, so check the live numbers before you sell — the cheapest venue can change between our 6-hour refreshes.
Yes. At about -4.43% all-in, the USDC route beats the cheapest traditional provider we track (Remitly at 1.19%) by roughly 5.62 percentage points on this corridor.
Updated July 9, 2026 · refreshed every 6 hours. All-in cost = USD on-ramp + on-chain network fee + off-ramp spread on a $1,000-equivalent transfer, measured from live exchange data. Figures reflect the cheapest live dollar-stablecoin route; USDT and USDC off-ramp at near-identical rates on Binance P2P. Full USD→MAD cost data · methodology.