Stablecoin growth has stalled. The payments boom hasn’t
Summary
Stablecoin supply has remained largely flat over the course of the year. Despite this lack of growth in overall token volume, the use of stablecoins for payment transactions has experienced a significant surge.
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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