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DeFi on BNB Chain Flash News List | Blockchain.News
Flash News List

List of Flash News about DeFi on BNB Chain

Time Details
2025-05-06
12:25
BNB Chain Stablecoin Supply Nears $9B as USD1 Surges to $2.1B Market Cap: Key Crypto Trading Insights

According to @cas_abbe, BNB Chain's stablecoin supply has reached nearly $9 billion, driven largely by the rapid rise of USD1, now the second-largest stablecoin on the chain with a $2.1 billion market cap (source: Twitter/@cas_abbe, May 6, 2025). This significant increase in stablecoin liquidity indicates growing user confidence and transactional activity on BNB Chain, suggesting enhanced trading opportunities and deeper liquidity pools for crypto traders. The chain's strengthened position, especially following @cz_binance's involvement, is likely to attract more DeFi projects and high-frequency trading strategies, further impacting the broader cryptocurrency ecosystem.

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