Adjusted stablecoin transaction volume reached $1.41 trillion in December 2024, a record high
According to The Block Pro data, stablecoin trading volume reached a historic high of $1.41 trillion in December 2024, an increase of 20.3% after stablecoin adjustments. The stablecoin supply increased by 1.7% to $170 billion, with USDT and USDC accounting for 79.2% and 18.3% of the market share, respectively. In addition, Bitcoin miners' income increased by 18.9% to $1.44 billion, while ETH stakers' income increased by 30.2% to $342 million. In December, a total of 47,064 ETH were burned on the Ethereum blockchain, equivalent to $174.4 million. Since the implementation of EIP-1559, a total of 4.53 million ETH have been burned, equivalent to about $12.8 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nasdaq Seeks SEC Approval for Grayscale Avalanche Trust

Bollinger Bands Indicate Potential Upside for XRP

Pepe Whale Sells 150 Billion Tokens Prompting Market Interest

XRP Market Sees Crucial Reversal in Recent Shift

Trending news
MoreCrypto prices
More








