🚀 Stablecoins Dominate Daily Transfer Volumes, Data Shows
#Stablecoins #USDT #USDC #DailyTransferVolume #Cryptocurrency #TronNetwork #XRPledger #Liquidity #SettlementActivities #Glassnode #BlockBeats
According to BlockBeats, data from Glassnode reveals that the average daily transfer volume for the stablecoins USDT and USDC is approximately $192 billion (90-day simple moving average). This figure is nearly double the transfer volume of the top five cryptocurrencies, which stands at around $103 billion, indicating that stablecoins are handling a larger share of liquidity and settlement activities.
Additionally, the daily transfer volume for USDT and USDC on the Tron network is about $24.2 billion, which is nearly ten times the transfer volume on the XRP ledger.#Stablecoins #USDT #USDC #DailyTransferVolume #Cryptocurrency #TronNetwork #XRPledger #Liquidity #SettlementActivities #Glassnode #BlockBeats