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Bitcoin.com 2024-10-20 04:30:29

From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled

Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape has expanded considerably since the start of the year, transfer volumes have

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