[USD1 Supply Growth Analysis on Binance: Solana Contributed the Most] USD1 has been throwing money around on Binance to grab market share, and it’s been working pretty well—everyone knows that. The supply of USD1 has indeed grown from $3.3 billion at the end of January (before the campaign started) to $4.4 billion now, an increase of $1.1 billion. But what most people probably don’t know is which chain USD1’s growth is happening on. My guess is that most would instinctively think it’s on BSC. However, the growth is actually happening mainly on Solana: at the end of January, before Binance’s financial campaign kicked off, USD1’s supply on Solana was only $160 million. Now, it’s $880 million—an increase of $720 million. The remaining $380 million of the $1.1 billion growth is distributed across BSC + Ethereum. USD1 is basically concentrated on these three chains.