BNB Chain has surpassed networks like Ethereum and Tron in stablecoin trading share, becoming the preferred public chain for retail stablecoin trading.

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Odaily Planet Daily reports that 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.

The following data confirms this trend:

  • Number of active stablecoin sending addresses worldwide: In February alone, BNB Chain had 15.1 million monthly unique stablecoin sending addresses, ranking first among all public chains. For everyday stablecoin use cases (including trading, payments, and remittances), BNB Chain is currently the most active network globally.

  • Industry-leading annual growth rate: BNB Chain’s stablecoin trading volume increased by 133% year-over-year, leading all major public chains.

  • Holding only 5% of global supply but handling 40% of global trading volume: BNB Chain holds about 5% of the global stablecoin supply but processes nearly 40% of worldwide stablecoin transactions. This high turnover rate is due 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.

  • Single-day stablecoin transfer peak reached $21.7 billion, setting a new annual high.

These figures indicate that BNB Chain has surpassed competitors like Ethereum, Tron, and Solana in stablecoin market share, especially in high-frequency small transfers used by emerging markets and retail users—currently, 82% of stablecoin transfers on BNB Chain are below $1,000.

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