On March 11th, although large institutional fund flows dominated the total stablecoin trading volume, the vast majority of stablecoin transactions were actually small-amount transfers. In this niche market, BNB Chain is rapidly becoming the preferred public chain for retail users conducting stablecoin transactions. The following data confirms this trend:
1. Number One in Global Monthly Active Stablecoin Sending Addresses: In February alone, BNB Chain had 15.1 million monthly unique stablecoin sending addresses, ranking first among all public chains. In terms of everyday stablecoin use cases (including transactions, payments, and remittances), BNB Chain currently has the highest user activity network globally.
2. Industry-leading annual growth rate: BNB Chain's stablecoin trading volume increased by 133% year-on-year, ranking first among major public chains.
3. Handling 40% of global transaction volume with only 5% of the supply: BNB Chain holds only about 5% of the global stablecoin supply, yet processes nearly 40% of global stablecoin transactions. This high turnover rate is attributed to extremely low transaction fees (typically around $0.05), faster block generation speeds following the Fermi upgrade in January of this year, and strong support from active DeFi protocols such as PancakeSwap and Venus.
4. The peak daily stablecoin transfer volume reached $21.7 billion, setting a new annual record.
The data above shows that BNB Chain has surpassed competitors such as Ethereum, Tron, and Solana in terms of stablecoin transaction share, especially in emerging markets and small-amount transfer scenarios frequently used by retail users—currently, 82% of stablecoin transfers on BNB Chain are less than $1,000.
