USDT on Tron and BNB Chain brings in three quarters of stablecoin pay-in value on NOWPayments.
• The same two rails move only 14% of onchain USDT and USDC value
• Data covers September 2025 to September 2026
• From Glassnode and NOWPayments' Stablecoins in Commerce report, dated 10 Nov 2026
The chains that carry the most stablecoin value onchain aren't the ones merchants actually get paid on. When people pay at checkout, on this processor's data, they mostly use USDT on Tron and BNB Chain.
Onchain volume or real payments, which tells you more about adoption?
$BNB $TRX
• The same two rails move only 14% of onchain USDT and USDC value
• Data covers September 2025 to September 2026
• From Glassnode and NOWPayments' Stablecoins in Commerce report, dated 10 Nov 2026
The chains that carry the most stablecoin value onchain aren't the ones merchants actually get paid on. When people pay at checkout, on this processor's data, they mostly use USDT on Tron and BNB Chain.
Onchain volume or real payments, which tells you more about adoption?
$BNB $TRX
