BNB Chain surpasses Tron in stablecoin-holding addresses at about 79–80M versus 76M
Token Terminal data indicate BNB Chain has surpassed Tron in stablecoin-holding addresses (~79–80M vs ~76M), driven by a 49% six-month increase in USDT holder addresses on BNB Chain while Tron's base remained largely flat. Despite address counts being an imperfect proxy for unique users and including bridged tokens, the divergence suggests a meaningful shift in stablecoin user distribution and transaction rail preference toward BNB Chain.
AI Insight · BNB/USDTAI Insight
▲ Bullish
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BNB Chain has overtaken Tron to become the largest network by stablecoin-holding addresses, at roughly 79–80M compared with Tron's 76M. The shift is primarily driven by USDT: USDT-holding addresses on BNB Chain rose 49% over the past six months to 70.6M, while Tron's 75.5M was essentially flat. Tron had led as the default rail for USDT transfers, and the change signals a notable shift in where stablecoin users are concentrated. The address counts include bridged tokens and do not map one-to-one to users, but the growth gap between the two networks remains clear.