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For the first time, Base’s daily stablecoin transfer volume exceeded all other chains, accounting for 30%
2024-10-28 02:26:43
Odaily News On-chain analyst Peter Schroeder pointed out in an article on X that based on Artemis data, on October 26, Base's daily stablecoin transfer volume exceeded major networks such as Ethereum, Tron and Solana for the first time, accounting for 30% of all stablecoin transfers (US$60 billion). In addition, Solana ranked second with a share of 25%, and Ethereum ranked third with a share of 20%. Most of the transfer volume came from USDC, accounting for more than 62% with US$37.3 billion; USDT ranked second, accounting for nearly 30% with nearly US$18 billion, and DAI accounted for 7.4% with US$4.5 billion. Solana's cumulative stablecoin transaction volume from the beginning of the year to date is far ahead of all other chains, reaching US$8.6 trillion, while Ethereum is US$6.1 trillion; Base's cumulative stablecoin transfer volume so far in October is US$361 billion, while Solana is US$357.2 billion. (The Block)