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The trading volume of stablecoins reached 1.41 trillion US dollars in December 2024 after adjustment, setting a new historical record

The trading volume of stablecoins reached 1.41 trillion US dollars in December 2024 after adjustment, setting a new historical record

Bitget2025/01/03 03:55
ETH-1.16%

Data shows that in December 2024, the trading volume of stablecoins increased by 20.3% after adjustment, reaching a historical high of $1.41 trillion; the supply of issued stablecoins increased by 1.7% to reach $170 billion, with USDT and USDC's market shares being 79.2% and 18.3%, respectively; In addition, Bitcoin miners' income reached $1.44 billion, an increase of 18.9%, ETH stakers' income was $342 million, an increase of 30.2%. In December, a total of 47,064 ETH were burned on the Ethereum chain equivalent to $174 million since implementing EIP-1559 a total of approximately four point five three million ETH have been destroyed worth about twelve point eight billion dollars.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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