BNB Chain has become the blockchain network with the largest number of stablecoin-holding wallets, surpassing Tron for the first time, according to data from on-chain analytics platform Token Terminal. The shift highlights a notable change in where stablecoin users are active, with BNB Chain’s count reaching approximately 79.3 million wallets, compared to Tron’s 76.1 million.
The milestone follows a period of rapid growth for BNB Chain. At the end of 2024, the network had around 42 million stablecoin-holding wallets, meaning the figure has since risen by about 54.5%. The expansion reflects increased activity in decentralized finance (DeFi) and broader stablecoin use cases beyond simple transfers. Tron, long dominant in the stablecoin ecosystem—particularly for USDT transactions—has seen its wallet count grow as well, but at a slower pace, allowing BNB Chain to take the lead.
Token Terminal ranks Ethereum third with approximately 26 million holders, while Celo and Polygon follow with 24.5 million and 21.7 million, respectively. Despite its network achievement, BNB’s price traded around $586 after recovering from a June correction, facing key resistance near the 100-day moving average at $602. A breakout could open a path toward $647, though modest trading volume suggests investors await stronger confirmation.
