In May, the number of active addresses for stablecoins reached 33.1 million, and Circle CCTP transaction volume set a historical high.

According to reports from Wu Shuo, in May the number of active addresses for stablecoins reached 33.1 million, setting a new historical high. Circle CCTP bridge transaction volume reached $7.7 billion, a month-on-month increase of 83.3%, also setting a historical high. Circle CCTP supports near-instant cross-chain USDC transfers.