ETHIndia Hackathon Partnership Announcement

**BNB Chain has become the largest blockchain network for stablecoin holders**, reaching approximately 80 million holders according to Token Terminal data. The network also dominates in tokenized ETF adoption: - BNB Chain captured **$80.9M in tokenized ETF market cap growth** over the past 30 days - This represents the majority of growth in the entire tokenized ETF category - The network now holds the largest number of tokenized ETF holders across all blockchains Additional developments include $BNB representing ~31% of Grayscale's Smart Contract Fund and joining new S&P Dow Jones Indices alongside a Pantera index.

Ondo Finance has deployed USDY, its yield-bearing U.S. Treasury-backed token, on BNB Chain. The integration allows users and autonomous agents to hold a dollar-denominated asset that generates daily yield without requiring permission. **Key details:** - USDY is backed by U.S. Treasury securities - Daily yield accrual for holders - Permissionless access on BNB Chain - Integration powered by LI.FI enables apps, wallets, and trading platforms to access USDY - Users benefit from optimized price execution across platforms The deployment expands USDY's reach beyond its initial chains, bringing yield-generating stablecoins to BNB Chain's ecosystem of decentralized applications and users.

BNB Chain has introduced **Behind the Suits**, a new interview series featuring institutions building on its blockchain. Franklin Templeton is the inaugural guest. **Key highlights:** - Franklin Templeton's BENJI platform has been operating onchain since 2021 - The firm manages approximately **$1.5B in tokenized value** on BNB Chain - The company has spent years developing tokenization infrastructure beyond experimental stages The series aims to showcase how traditional financial institutions are integrating blockchain technology into their operations. Franklin Templeton's multi-year experience demonstrates the practical application of tokenization in live financial infrastructure. Read the full interview on the [BNB Chain blog](https://www.bnbchain.org/en/blog/behind-the-suits-with-franklin-templeton).

Grayscale has rebalanced its multi-asset funds for Q2 2026, with **BNB emerging as the largest holding** in its Smart Contract Fund. **Key Details:** - BNB now represents approximately **31% of the fund's allocation** - This marks a shift in Grayscale's institutional positioning toward BNB - The rebalancing reflects updated portfolio strategy for their smart contract-focused investment vehicle The move signals institutional recognition of BNB's role in the smart contract platform landscape. Grayscale's funds provide traditional investors exposure to digital assets through regulated investment products.

**BEP-675 Implementation Results** - BSC Testnet throughput increased 88% from 1,237 to 2,324 TPS - Improvement achieved by eliminating redundant block execution - No trade-offs: block interval remains 450ms, finality lag unchanged **Technical Details** The network was executing blocks twice unnecessarily. BEP-675 removed this duplicate work, resulting in the performance gain without compromising any existing parameters. [Read full breakdown](https://www.bnbchain.org/en/blog/bep-675-on-bsc-testnet-88-higher-throughput-by-cutting-redundant-execution)