According to Odaily, there has been a significant increase in the number of non-empty stablecoin wallets in 2024. Data provided by Santiment, a popular analytics platform, indicates a rise in the number of non-empty wallets for both USDC and USDT stablecoins.
Non-empty USDC wallets saw a growth of 13.9% in 2024. This growth indicates an increasing use and adoption of the USDC stablecoin among the cryptocurrency community. USDC, a stablecoin that allows users to trade and transact using a cryptocurrency pegged to the US dollar, is gaining popularity due to its stability and reliability.
Additionally, the number of non-empty USDT wallets also increased by 15.7% in the same year. USDT, also known as Tether, is another stablecoin pegged to the US dollar. The increase in non-empty USDT wallets indicates a growing trust and usage of Tether among cryptocurrency users.
This data indicates a growing trend of using stablecoins in the cryptocurrency market. The increase in non-empty wallets for both USDC and USDT indicates a positive trend in the adoption and usage of stablecoins, which are known for their stability in the volatile crypto market.