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Adjusted stablecoin transaction volume reached $1.41 trillion in December 2024, a record high

Adjusted stablecoin transaction volume reached $1.41 trillion in December 2024, a record high

CointimeCointime2025/01/03 03:33
By:Cointime

According to The Block Pro data, stablecoin trading volume reached a historic high of $1.41 trillion in December 2024, an increase of 20.3% after stablecoin adjustments. The stablecoin supply increased by 1.7% to $170 billion, with USDT and USDC accounting for 79.2% and 18.3% of the market share, respectively. In addition, Bitcoin miners' income increased by 18.9% to $1.44 billion, while ETH stakers' income increased by 30.2% to $342 million. In December, a total of 47,064 ETH were burned on the Ethereum blockchain, equivalent to $174.4 million. Since the implementation of EIP-1559, a total of 4.53 million ETH have been burned, equivalent to about $12.8 billion.

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