OKG Research: Stablecoins are evolving from anchored assets to financial interfaces with high-frequency call capabilities

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PANews
04-11
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PANews reported on April 11 that according to OKG Research analysis, the latest on-chain tracking data shows that in the past 7 days, the on-chain transfer amount of stablecoins (USDT & USDC) was close to $50 billion, equivalent to 131% of the total global transactions of Visa and Mastercard during the same period in 2024.

The total number of stablecoin holding addresses has exceeded 85 million, with over 4.8 million actual transfers initiated, among which USDT users have an average daily transaction frequency of 4.37 transactions per address. OKG Research pointed out that the nature of stablecoins is increasingly approaching a "protocol encapsulation of dollar usage rights" and is accelerating to become a key infrastructure in the on-chain financial system.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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