StablyticsThe Stablecoin Market Map
Directory
BNB Chain logo

BNB Chain

High-volume EVM L1 with large stablecoin liquidity

Visit site

About

BNB Chain is a high-throughput, low-fee EVM Layer-1 associated with Binance, hosting large USDT, USDC, and FDUSD liquidity. It is a major retail venue for stablecoin trading, payments, and DeFi activity, particularly in Asia.

Major retail stablecoin venue; large FDUSD and USDT liquidity.

Stablecoins

USDTUSDCFDUSDUSD1

Key products

BNB Smart ChainopBNBBNB Greenfield

Chains

BNB Chain
Founded
2020
Stage
Public token (BNB)
Funding
Binance-backed

Related companies

dYdX logo

dYdX

Decentralized perpetuals exchange

dYdX is a leading decentralized perpetual futures exchange running on its own Cosmos-based app-chain, with USDC as the primary collateral and settlement asset. It remains a major onchain derivatives venue and stablecoin collateral sink.

DeFi: Lending & YieldExchangesStablecoin Chains
Hyperliquid logo

Hyperliquid

High-performance L1 with USDC as core settlement asset

Hyperliquid is a high-performance Layer-1 built around a fully on-chain order-book derivatives exchange, with USDC as the dominant margin and settlement asset. Its rapid growth made it a major venue for stablecoin-denominated trading, and it added native stablecoin issuance (USDH) selected via community process.

Stablecoin ChainsDeFi: Lending & YieldExchanges
Arbitrum logo

Arbitrum

Leading Ethereum L2 with deep stablecoin liquidity

Arbitrum is a leading optimistic-rollup Ethereum Layer-2 with deep native USDC and USDT liquidity and a large DeFi ecosystem. It is a core venue for stablecoin yield, lending, and trading, and underpins infrastructure for chains like Converge.

Stablecoin ChainsDeFi: Lending & Yield
Avalanche logo

Avalanche

L1 with subnets and institutional stablecoin/RWA use

Avalanche is a Layer-1 with a customizable subnet (Avalanche L1s) architecture used for institutional tokenization and stablecoin settlement. It hosts native USDC, EURC, and AUSD and is a target chain for RWA and enterprise payment deployments.

Stablecoin ChainsRWA & TokenizationDeFi: Lending & Yield
Base logo

Base

Coinbase's OP-stack L2 with large stablecoin activity

Base is an Ethereum Layer-2 built on the OP Stack and incubated by Coinbase. It has become one of the largest chains by cumulative stablecoin transaction volume, with deep native USDC liquidity, consumer payment apps, and a fast-growing DeFi and onchain-app ecosystem.

Stablecoin ChainsDeFi: Lending & Yield
Berachain logo

Berachain

Layer-1 with Proof-of-Liquidity and HONEY stablecoin

Berachain is an EVM-identical Layer-1 blockchain using a Proof-of-Liquidity (PoL) consensus model that aligns incentives across validators, protocols and liquidity providers. It runs a tri-token system: BERA for gas, BGT for governance, and HONEY, a fully collateralized US-dollar stablecoin minted by depositing eligible collateral (such as USDC, BTC or ETH) into vaults. The BERA token launched on February 6, 2025. Berachain originated from the Bong Bears NFT project before evolving into a blockchain.

Stablecoin ChainsDeFi: Lending & Yield