Summary
- Dune Analytics data said January total stablecoin transfer volume topped $10 trillion, the highest since April 2022.
- About 56% of the total transfer volume came from decentralized exchange (DEX) liquidity pools, showing that liquidity provision and trading activity in DeFi remain a core pillar of stablecoin usage.
- Centralized exchanges (CEX) hold about $80 billion worth of stablecoins, and stablecoins are establishing themselves as a key settlement layer in the cryptoasset ecosystem.
Forecast Trend Report by Period
According to data from Dune Analytics on the 25th (local time), total stablecoin transfer volume in January this year topped $10 trillion, marking the highest level since April 2022.
Of the total transfer volume, about 56% was generated from decentralized exchange (DEX) liquidity pools. This indicates that liquidity provision and trading activity within DeFi remain a core pillar of stablecoin usage.
Meanwhile, centralized exchanges (CEX) hold around $80 billion worth of stablecoins, the largest share based on labeled addresses.
The figures suggest that stablecoins are moving beyond a simple trading medium to become a key settlement layer across the broader cryptoasset (cryptocurrency) ecosystem, including DeFi, exchange liquidity and settlement infrastructure.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
