BNB Chain Adds 985,000 Stablecoin Holders in One Week
BNB Chain added 985,000 new stablecoin holders in the week leading up to September 28, accounting for over half of the combined growth among the top ten blockchains. USDT drove the majority of this growth with 845,900 new addresses, while USDC added 390,800. Despite leading in wallet count, BNB Chain is not the primary destination for new stablecoin supply, which has been flowing to Solana, Ethereum, and Hyperliquid. The network's growth is attributed to fee waivers, promotional campaigns, and high compatibility with popular wallet interfaces.
Summaries are written by AI from the original article. Not investment advice.