What is the impact of the new updates on the channel on Warpcast? As shown in the graph, the number of reactions dropped significantly on the day the update was released. While the reactions are slowly recovering, it remains to be seen what the long-term impact will be. Let’s monitor the trends over the next few days to gain a clearer picture 📊
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Which Blockchain is Most Used for Small Stablecoin Transactions (Below $10,000)? While stablecoins serve various purposes, one use case that deserves more attention is their role in facilitating small money transfers. These smaller transactions occur daily, especially in regions where local currencies are volatile or in cases of routine financial exchanges. Among all blockchains, Tron stands out as the most popular for small stablecoin transfers. This is largely due to its low fees and fast transaction speeds, making it ideal for straightforward, everyday payments. Whether it's cross-border remittances or local payments, Tron's efficient network has become a go-to choice for users needing quick and affordable transfers under $10,000.
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We often focus on USD stablecoins, but what about EUR stablecoins? 🏦 Société Générale, a French bank, just launched its own stablecoin, "EURCV," which inspired me to look into the current trading volume of EUR-backed stablecoins. The results? They're tiny compared to USD stablecoins, only €132M vs. USD stablecoins' massive $92.16B market. EURCV itself has seen just 15 transactions and €1.4M in the past 30 days, a drop in the ocean. For more insights into EUR stablecoins, check out this Dune dashboard: https://dune.com/steakhouse/Euro-stablecoins
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