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The scale of stablecoins on the BNB Chain has recently experienced new growth — the total on-chain stablecoin market capitalization has surpassed the $15.236 billion mark. In the context of the global stablecoin market, this accounts for nearly 5%.
What this number reveals is quite interesting. Stablecoins circulate like blood within the DeFi ecosystem; the larger the scale, the higher the activity of real assets on the chain, and the more confident users are in the ecosystem. From a certain perspective, this reflects that the BNB Chain is attracting more and more capital and developers.
Recalling the development trajectory of the BNB Chain, from its initial positioning as a transaction public chain to gradually becoming an important hub for the stablecoin ecosystem, this transformation is not accidental. As on-chain DeFi applications become more sophisticated and the user base continues to expand, it naturally attracts a clustering effect of stablecoins. This virtuous cycle is gradually strengthening the BNB Chain’s position in the global crypto ecosystem.