💥 Ethereum Stablecoin Transactions Hit an All-Time High — $2.82 Trillion in October! 💰🔥
The Ethereum network just hit a record-breaking milestone in October — stablecoin transaction volume surged to $2.82 trillion, the highest level ever seen! 🚀
Let’s make history together, #DicasdeCripto fam! 🚀
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This massive jump was fueled by investors chasing better yield opportunities amid a slower crypto market. 📉➡️💸
📊 Compared to September’s record of $1.94 trillion, October saw a 45% month-over-month surge — a huge sign of renewed market activity!
🥇 USDC (Circle) took the crown with $1.62 trillion in transfers.
🥈 USDT (Tether) followed with $895.5 billion.
🥉 DAI (MakerDAO) landed third at $136 billion in volume.
🔍 According to Presto Research analyst Min Jung, investor interest in stablecoins has skyrocketed since Circle’s IPO and the approval of the Genius Act. Yield farming — especially through liquid yield tokens — has become hotter than ever. 🌾💧
During a period when Bitcoin and Ethereum prices dropped 11.5% and 16.4% respectively, many traders parked their funds in stablecoins to manage liquidity and prepare for new opportunities. 💼🪙
💬 Vincent Liu, CIO of Kronos Research, noted that stablecoins are increasingly being used as strategic tools rather than just a safe haven.
Experts believe this historic surge shows that the stablecoin ecosystem is maturing — shifting beyond speculation into real-world use cases like payments and cross-border transfers. 🌍💳✨
#USDT #USDC $USDC