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Stablecoins cleared ~$61,2T over the last 12 months across 13.8B transfers – that’s a parallel payment rail. Ethereum still settles the biggest tickets (41% of value), Tron’s share slid to 25%, while Solana and BNB hover around 8-10% each. But flip from value to activity and the map changes: BNB Chain handles ~40% of all stablecoin tx count. Smaller tickets, higher velocity – that’s real usage.