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Altcoins & DeFi

Stablecoin usage on BNB Chain: 0.4% of transfers carried 66.2% of value

Image: The Cryptonomist

Small transfers dominated stablecoin usage on BNB Chain in the third quarter of 2026, but large transactions carried most of the money. A report from Mercuryo and BNB Chain, released on October 19, found that transfers below $100 represented 77.4% of activity, while transactions worth at least $10,000 moved 66.2% of the value. Key takeaways Non-dollar currencies funded 70% of Mercuryo’s stablecoin purchase value on BNB Chain. Apple Pay and Google Pay handled 69.5% of purchases. Self-custody wallet channels led both purchases and cash-outs by value. The median network charge for a stablecoin transfer was $0.0068. The research combines Mercuryo ’s purchases and sales of stablecoins with BNB Chain’s on-chain data.

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