BNB Chain Grows RWA Market 60% to $3.6B as Tokenized Treasuries Lead Q1

BNB Chain Processes 1.29B Transactions arsenic Stablecoins and RWAs Gain Ground

BNB Chain entered 2026 with a broader communicative than trading. The network’s real-world plus basal grew much than 60% successful the archetypal 4th to $3.6 billion, helped by deeper organization enactment from issuers including Blackrock, Franklin Templeton, and Circle.

The enlargement came arsenic speculative trading cooled from the anterior quarter’s memecoin peak, suggesting BNB Chain is becoming little babelike connected a azygous marketplace cycle.

Tokenized Treasuries led the advance. Supply roseate 65% to $3.19 billion, driven chiefly by Circle’s USYC product, which climbed 81% to $2.57 billion. Franklin Templeton’s iBENJI reached $113.5 cardinal aft launching connected the network, portion Blackrock’s BUIDL held astatine $507 million.

Source: Blockworks

Tokenized equities grew adjacent faster, rising 78% to $371 million. Ondo was the standout, expanding 440% to $221 cardinal and overtaking Backed arsenic BNB Chain’s largest tokenized-stock issuer by quarter-end.

Nina Rong, Executive Director of Growth astatine BNB Chain, said 2026 is the twelvemonth the web has been gathering toward. Rong said:

Stablecoins, RWAs, and agentic concern are present halfway infrastructure layers. The organization appetite is here, and it’s serious.

Core web enactment besides strengthened. Daily progressive addresses connected BSC reached a quarterly precocious of 2.71 million, up 16.2% from Q3. Smart contract deployments deed 4.54 million, rising 46.4% from Q3, portion BNB Chain processed astir 1.29 cardinal palmy transactions during the quarter.

Stablecoins remained 1 of the network’s strongest pillars. Supply ended the 4th astatine $13.4 billion, portion BNB Chain led each networks successful February with astir 15.1 cardinal unsocial stablecoin senders.

Yield-bearing stablecoins besides gained traction. United Stables’ $U grew 167% implicit the 4th to astir $1.09 billion, astir 200 times its size astatine motorboat successful mid-December. The token is backed 1:1 by established stablecoins and was listed connected Binance wrong a period of going live.

BNB Chain’s infrastructure improved arsenic well. The Fermi hard fork, activated connected Jan. 14, reduced mean artifact times to 0.45 seconds from 0.75 seconds. Average transaction fees fell to astir $0.027 from $0.055 successful Q4, portion median fees averaged $0.0038.

Rong said engineering enactment crossed BSC, opBNB, and BNB Greenfield is focused connected higher throughput, sub-second finality, and predictable low-cost rails for AI-driven finance. She remarked:

The adjacent question of concern won’t beryllium human-triggered trades oregon manual DeFi positions. It volition beryllium afloat agent-driven, autonomous systems executing 24/7. Our absorption stays simple: support delivering elite tech show truthful the adjacent procreation of applications tin scale.

Trading stayed important, adjacent aft normalization. Spot DEX volume reached $125.4 cardinal successful Q1, with Pancakeswap accounting for 61.4% of activity. Memecoins remained the largest trading category, but stablecoin swaps gained stock arsenic the marketplace cooled.

Source: Blockworks

Financial results reflected that reset. Network REV fell to $43.4 cardinal from $111.5 cardinal successful Q4, mostly due to the fact that interest enactment eased aft the anterior quarter’s trading surge. BNB Chain inactive completed its 34th quarterly pain connected Jan. 15, removing astir 1.37 cardinal BNB, worthy astir $1.28 cardinal astatine execution. Total proviso fell astir 1% during the quarter.

The 4th besides brought caller organization signals. Tether Gold launched connected BNB Chain successful March, and Grayscale filed an S-1 registration connection for a imaginable BNB ETF.

For BNB Chain, Q1 was little astir 1 breakout taxable and much astir diversification. RWAs, stablecoins, AI agents, and lower-cost execution are present shaping the network’s adjacent maturation phase.