Stablecoin USDC has overtaken the segment leader - USDT from Tether - by the number of transactions for the month, Visa analysts noticed.

in hive-109690 •  7 months ago 

Stablecoin USDC has overtaken the segment leader - USDT from Tether - by the number of transactions for the month, Visa analysts noticed.

According to their data, in April 2024, 166.6 million transactions were made in USDC against 163.6 million in USDT. However, in terms of the total number of users USDC is still far behind USDT. In April, the former used 9.57 million unique addresses, while the latter used more than 34.2 million.

Nansen added that transaction volumes in USDT, USDC and DAI over the past 30 days have exceeded Visa's monthly average for 2023.

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7 months ago by

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      ·  7 months ago 

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