BNB Chain has surpassed Ethereum, Tron, and Solana in stablecoin transaction share

Odaily News Although large institutional capital flows dominate the total stablecoin transaction volume, the vast majority of stablecoin transactions are actually small transfers. In this specific segment, BNB Chain is becoming the preferred public chain for retail users to conduct stablecoin transactions.

The following data confirms this trend:

- Number of monthly active stablecoin sending addresses ranks first globally: In February alone, the number of monthly unique stablecoin sending addresses on BNB Chain reached 15.1 million, topping the list among all public chains. In terms of daily stablecoin usage scenarios (including trading, payments, and remittances), BNB Chain is currently the network with the highest user activity globally.

- Annual growth rate leads the industry: BNB Chain's stablecoin transaction volume increased by 133% year-over-year, with the growth rate ranking first among major public chains.

- Handling 40% of global transaction volume with 5% of the supply: BNB Chain holds only about 5% of the global stablecoin supply but processes nearly 40% of global stablecoin transactions. This high turnover rate is attributed to extremely low transaction fees (typically around $0.05), faster block times following the Fermi upgrade in January this year, and strong support from active DeFi protocols like PancakeSwap and Venus.

- Daily stablecoin transfer volume peaked at $21.7 billion, setting a new annual record high.

The above data indicates that BNB Chain has surpassed competitors such as Ethereum, Tron, and Solana in stablecoin transaction share, showing significant advantages especially in emerging markets and high-frequency small transfer scenarios favored by retail users⸺currently, 82% of stablecoin transfers on BNB Chain are below $1,000.