New alpha drop: Mercuryo x $BNB Chain just released a stablecoin flow report

They mapped the entire lifecycle—how stables get onramped, where they move on-chain, and when they exit back to fiat

Combined off-ramp + on-chain data = rare transparency on actual user behavior

If you're building on BNB or tracking stablecoin velocity, this is a must-read

Full report linked in their thread