VanEck data shows supply has grown nearly 50-fold from under $300 million in 2020, while daily active stablecoin users on the network are up 33% year to date.
BNB Chain's stablecoin supply has reached $17.2 billion, marking 64% year-over-year growth as USDT, USDC and FDUSD all expanded on the network. VanEck data cited in the post said supply has increased nearly 50x from under $300 million in 2020, making BNB Chain the fastest-growing stablecoin network among major chains. Stablecoin daily active users also rose 33% year to date, pointing to broader on-chain usage alongside the increase in token supply.