"Last Month's Stablecoin Monthly Transaction Volume Surpassed $1.5 Trillion…All-Time High"

Source
Minseung Kang

Summary

  • It was reported that last month, the on-chain payment volume of stablecoins hit an all-time high.
  • Centora revealed that last month, the monthly on-chain payment volume of stablecoins surpassed $1.5 trillion.
  • This metric indicates the actual amount paid or remitted within public blockchains by major stablecoins such as USDT, USDC, and DAI.

Last month, the on-chain payment volume of stablecoins set a new record high.

On the 5th, cryptocurrency data analytics platform Centora (formerly IntoTheBlock) announced on X (formerly Twitter), "Last month, the monthly on-chain payment volume of stablecoins surpassed $1.5 trillion (approximately ₩2,084 trillion), reaching an all-time high."

This metric represents the amount actually paid or remitted on public blockchains by major stablecoins such as USDT, USDC, and DAI.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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