Wu said that, according to glassnode data, the daily transfer transaction volume of the two major stablecoins USDT and USDC is about $192 billion (90d-sma), which is almost twice the transfer volume of the top five cryptocurrencies (about $103 billion). This indicates that stablecoins carry more liquidity and settlement activity. Additionally, Tron’s USDT and USDC have a daily transfer transaction volume of about $24.2 billion, nearly 10 times the on-chain transfer volume of XRP.
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Wu said that, according to glassnode data, the daily transfer transaction volume of the two major stablecoins USDT and USDC is about $192 billion (90d-sma), which is almost twice the transfer volume of the top five cryptocurrencies (about $103 billion). This indicates that stablecoins carry more liquidity and settlement activity. Additionally, Tron’s USDT and USDC have a daily transfer transaction volume of about $24.2 billion, nearly 10 times the on-chain transfer volume of XRP.