Stablecoin growth has stalled. The payments boom hasn’t
Summary
The overall supply of stablecoins has remained largely flat throughout the year. However, transaction volumes and payment activity utilizing these digital tokens continue to experience significant growth, according to recent financial results from Circle.
Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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