The daily average Transfer transaction volume of USDT and USDC is approximately $192 billion, close to twice the sum of the top five cryptocurrencies.
BlockBeats News, December 20, according to glassnode data, the average daily Transfer transaction volume of the two major stablecoins, USDT and USDC, is approximately $192 billion (90d-sma). This is nearly double the Transfer transaction volume of the top five cryptocurrencies (approximately $103 billion), indicating that stablecoins are taking on more liquidity and settlement activity.
Furthermore, Tron's USDT and USDC have a daily Transfer transaction volume of around $24.2 billion, which is nearly 10 times the on-chain Transfer transaction volume of XRP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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