#稳定币市场发展 The liquidity of stablecoins in the BSC ecosystem has once again seen a substantial application scenario. Kalshi's integration with BNB Chain means that users can directly participate in prediction trading using on-chain BNB and USDT/USDC, eliminating the friction costs of cross-chain bridging.

From a capital flow perspective, this partnership signals several noteworthy points: First, the differentiated support for US accounts (BNB/USDT vs BNB/USDT/USDC) reflects refined considerations of regulatory costs and market positioning; second, prediction markets as a niche within the derivatives sector are driving real demand for on-chain stablecoin usage, beyond just liquidity mining.

The activity level and trading pair depth of BSC itself indeed provide infrastructure support for such applications. However, the key follow-up is whether this collaboration can lead to an actual increase in stablecoin deposits—while trading volume rises quickly, only the net inflow of stablecoins and changes in holding proportions can indicate whether the ecosystem has developed effective capital stickiness. Focus can be placed on comparing the inflow and outflow data of USDT/USDC on BSC within one week after the partnership.