Berachain renames HONEY stablecoin Bera USD, keeps contract unchanged

Berachain Foundation has renamed its HONEY stablecoin Bera USD, with the ticker BUSD, while keeping the token and contract address unchanged. The name change invalidates permits and other EIP-712 off-chain authorizations signed under HONEY, requiring users to sign them again. The rebrand comes as Berachain activity weakens: total value locked is about $32 million, stablecoin capitalization roughly $62 million, daily fees around $27, and BERA trades near $0.15, down 99% from its February 2025 record. The foundation plans to roll out the update across integrations, while the key test will be whether stablecoin supply and ecosystem deposits recover.

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