@cherrycarry
stablecoins just processed $46 trillion in transaction volume over the past year - that's nearly 3x visa's total volume and approaching the entire us banking system's ach network
the market is dominated by usdt and usdc which handle 87% of all supply, but smaller stablecoins like eurc are growing fast with 76% month-over-month growth
wild to think that what started as "boring" crypto has become the backbone of the entire onchain economy