diff --git a/packages/thirdweb/src/react/web/ui/ConnectWallet/screens/formatTokenBalance.ts b/packages/thirdweb/src/react/web/ui/ConnectWallet/screens/formatTokenBalance.ts
index 229d16da968..2934f0f5611 100644
--- a/packages/thirdweb/src/react/web/ui/ConnectWallet/screens/formatTokenBalance.ts
+++ b/packages/thirdweb/src/react/web/ui/ConnectWallet/screens/formatTokenBalance.ts
@@ -49,7 +49,7 @@ function formatMoney(
   return new Intl.NumberFormat(locale, {
     style: "currency",
     currency: currencyCode,
-    maximumFractionDigits: 5,
+    maximumFractionDigits: 2,
     minimumFractionDigits: 0,
   }).format(value);
 }