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January Is Already The Biggest Month For Stablecoin On-Chain Volume

Mary Liu

Summary: According to the data collected by The Block, as of January 25, 2021, the adjusted transaction volume of on-chain stablecoins in January has broken the monthly record with $237.2 billion, 33% higher than the total of $178.3 billion in December. Tether saw its USDT accounted for 62.9% as the largest proportion, followed by USDC's 21.0% and DAI's ...

According to the data collected by The Block, as of January 25, 2021, the adjusted transaction volume of on-chain stablecoins in January has broken the monthly record with $237.2 billion, 33% higher than the total of $178.3 billion in December.

Tether saw its USDT accounted for 62.9% as the largest proportion, followed by USDC's 21.0% and DAI's 9.1%.

By Mary Liu

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