Stablecoin Usage Reaches Record Levels

Record Activity for Stablecoins: USDT and USDC have reached historic highs in daily active addresses, with USDT recording over 147,000 and USDC surpassing 97,000.

USDT's Market Dominance: Tether (USDT) remains the leading stablecoin by market capitalization, showcasing high user confidence and integration into various platforms.

Growing Relevance of USDC: USD Coin (USDC) is gaining traction, particularly among users who prioritize transparency and regulatory compliance, reflecting a shift towards regulated crypto solutions.

Overall Trend in Stablecoins: The increasing activity levels of both stablecoins indicate a broader trend of adoption and reliance on digital assets for trading, saving, and cross-border transactions.