Data: The daily transaction volume of stablecoins USDT and USDC is nearly $200 billions, about twice that of the top five crypto assets.
Jinse Finance reported that glassnode posted on X, stating that, based on the 90-day simple moving average (90D-SMA), the daily transfer volume of stablecoins (USDT+USDC) is currently around $192 billion, which is almost twice the combined daily transfer volume of the top five crypto assets (approximately $103 billion). This highlights that liquidity and settlement activities in the market are increasingly concentrated in stablecoins.
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