In October, the transaction volume of stablecoins rose by 8%, and the supply of issued coins fell by about 0.7%.
2024-11-05 01:51:04
According to TheBlock Pro data, the adjusted stablecoin on-chain transaction volume rose by about 8% in October to $899 billion, and the stablecoin issuance supply fell by about 0.7% to $149.30 billion, of which the market share of USDT and USDC was 79.5% and 16.9% respectively. The spot transaction volume of the compliance centralized exchange (CEX) rose by 16.3% in October to $843 billion; the overall adjusted on-chain transaction volume of Bitcoin and Ethereum increased by 28.1% to $420 billion, of which the adjusted on-chain transaction volume of Bitcoin rose by 32.1% and Ethereum rose by 20.9%.
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