BINANCE

Stablecoin Activity Reaches Record Highs on BNB Network

The rise in BNB’s price also coincided with a notable increase in stablecoin activity. Data shows the total stablecoin supply on BNB Chain rose by 5% in the past month, exceeding $11.1 billion. The network now hosts more than 14.8 million stablecoin addresses, outpacing Tron. Additionally, over 513 million stablecoin transactions were processed, with a total transaction value above $295 billion.

BNB continues to follow its aggressive deflationary model, burning over $1 billion worth of tokens every month. The goal is to gradually reduce the circulating supply from 130 million to 100 million. This deflationary pressure remains one of the core elements supporting the current price rally.