BNB Chain's stablecoin trading share exceeds that of public chains like Ethereum, with 15.1 million monthly active addresses in February.

BNB1,66%

Gate News reports that on March 11, although large institutional fund flows dominate the total stablecoin trading volume, the vast majority of stablecoin transactions are small transfers. In this niche, BNB Chain is becoming the preferred public chain for retail users to trade stablecoins.

Data shows that in February alone, BNB Chain had 15.1 million monthly unique addresses sending stablecoins, ranking first among all public chains. BNB Chain’s stablecoin trading volume increased by 133% year-over-year, the fastest growth among major public chains. Despite holding only about 5% of the global stablecoin supply, BNB Chain processed nearly 40% of worldwide stablecoin transactions. This high turnover rate is attributed to extremely low transaction fees (usually around $0.05), faster block times after the Fermi upgrade in January, and strong support from active DeFi protocols like PancakeSwap and Venus. The peak daily stablecoin transfer reached $21.7 billion, setting a new annual high.

BNB Chain has surpassed Ethereum, TRON, and Solana in stablecoin trading share. Currently, 82% of stablecoin transfer amounts on BNB Chain are below $1,000.

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