BNB Chain continues to grow quietly. According to CryptoRank's post, BNB Chain saw an increase of 12 million active USDT addresses in a month.
According to data, BNB Chain became the top network for USDT transactions with 12 million active wallets last month.
At this point, BNB Chain has overtaken Tron (TRX) and Ethereum (ETH). Thanks to this superior number of active USDT addresses, BNB Chain is outperforming TRON and Ethereum in stablecoin transactions.
Users are shifting to BNB Chain, leaving TRON and Ethereum behind due to its speed, low fees, and ease of use.
As BNB continues to grow quietly, the network is expected to emerge as a leader in the stablecoin market as an increasing number of users choose BNB Chain due to its fast and low fees.
TRON came in second after BNB Chain with 11.2 million active addresses, while Polygon came in third with 2.6 million active wallets. Ethereum followed with 1.8 million active addresses. According to the figures, USDT users prefer BNB because its fast and cheap transactions offer financial advantages that cannot be obtained with other alternatives.
Ethereum, once the blockchain of choice for USDT transfers, is now lagging behind due to its higher fees and slower transaction times. Solana and Arbitrum, despite their growth, are further behind with less than 1 million active addresses each.
*This is not investment advice.
