💸 The velocity of stablecoins has doubled



According to a16z crypto data, the velocity of stablecoins has increased from 2.6x to 6x relative to their circulating supply. This means that stablecoins are actively used in payments rather than just being stored in addresses. Such growth indicates that demand for them exceeds new issuance.
$USDT $USDC $USDD
USDC0.01%
USDD-0.03%
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GateUser-d744e27a
· 2h ago
gghhhhgggfffffff bhgvv
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