BNB Token Surges 3.52% Amid $U Stablecoin Launch and $5.62B Trading Volume Spike

BNBUSDT experienced a 3.52% price increase in the last 24 hours, rising from an open of 828.41 to a current price of 857.54. The upward movement can be attributed to several positive developments: the launch of the $U stablecoin on BNB Chain, which enhances liquidity and platform utility; BNB Chain becoming the second largest platform for BlackRock’s tokenized U.S. Treasury fund BUIDL, managing approximately $500 million on-chain; and the introduction of crypto payment access for Amazon Web Services customers through the Better Payment Network. The notable rise in 24-hour trading volume to approximately $5.62 billion further reflects increased market activity and interest. BNB remains the fourth-largest cryptocurrency by market capitalization, currently around $117.86 billion, with a circulating supply of 137.74 million coins.