BNB Chain has firmly established itself as the leader in active USDT addresses, surpassing even TRON. This milestone was reached with over 12 million active wallets, a result of high activity driven by meme and perpetual swap trading. While Ethereum and TRON remain dominant for value, BNB Chain is rapidly growing its user base through smaller transactions and everyday applications. Binance’s zero-fee trading campaign on the BNB Wallet has also contributed to this trend. Despite losing USDT pairs for European traders, the Binance ecosystem has remained resilient due to decentralized activity, Binance Pay, and general transfers that compensate for the loss. This consistent growth in stablecoin usage is a key factor contributing to its position as the leading hub for DEX and CEX activity. 12M active wallets mark a significant increase from February’s 11.6M. This rise coincides with the increasing adoption of stablecoins for smaller transactions, with a total supply of 230B tokens. BNB Chain joins TRON in tapping into the Southeast Asian market by offering stablecoin solutions for retail-sized transactions between $100 and $1,000. This trend also highlights active ecosystems where applications continue to be developed and users remain engaged. Stablecoins are gaining traction across various platforms, including Binance’s ecosystem which saw a modest net outflow of stablecoins. Despite this, BNB Chain has successfully fostered the most significant activity in USDT usage, surpassing Ethereum and TRON.