Number of Active Stablecoin Addresses Hits All-Time High

Source
Son Min

Summary

  • WooBlockchain stated that the number of active stablecoin addresses in May reached 33.1 million, marking an all-time high.
  • During the same period, it was reported that Circle's Cross-Chain Transfer Protocol (CCTP) bridge transaction volume surged by 83.3% from April to $7.7 billion.
  • It was highlighted that all figures set all-time or record highs, reflecting the market's growth momentum.

Last May, the number of active stablecoin addresses reached an all-time high.

On the 2nd (local time), WooBlockchain announced on X (formerly Twitter) that "the number of active stablecoin addresses in May reached 33.1 million," adding that "this is an all-time high."

Furthermore, "according to Artemis data, during the same period, the transaction volume of Circle's Cross-Chain Transfer Protocol (CCTP) bridge surged by 83.3% compared to April, reaching $7.7 billion," and noted, "this also set a record high."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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