July stablecoin issuance supply rises to $144.30 billion, USDT market share reaches 78.9%
2024-08-02 02:41:53
According to The Block Pro data, the adjusted stablecoin on-chain transaction volume increased by 18.8% in July to reach $997.40 billion, and the stablecoin issuance supply increased by 1.2% to $144.30 billion, of which the market share of USDT and USDC was 78.9% and 17.1% respectively. In addition, the adjusted total on-chain transaction volume of Bitcoin and Ethereum increased by 31.8% to $445 billion, of which the adjusted on-chain transaction volume of Bitcoin rose by 34.7% and Ethereum rose by 27.7%.
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