Bitrace

The cryptocurrency market is opening up a promising future as stablecoins continue to assert their important role in the digital financial ecosystem. According to a report from #Bitrace , 2024 will see a total volume of $649 billion in stablecoins, equivalent to 5.1% of transactions going through wallets marked for risks such as money laundering and fraud, with the majority being USDT on the Tron network (more than 70%), followed by USDT on Ethereum and a small portion of USDC. At the same time, online casinos recorded $217.8 billion in stablecoins, up 17% compared to 2023, with USDT still leading but $USDC gradually gaining market share. These figures show the increasingly widespread acceptance and use of stablecoins, creating a solid foundation for the long-term development of cryptocurrencies.