Recently, the use of Stablecoins has gained momentum amid high volatility and the strong uptrend currently at stake in the crypto market.
Such evidence was attributed to the daily trading volume seen in the world's leading stablecoins, that at the time this article was written, the price of Tether was $1.00, with a daily trading volume now at 43.4 billion.
In addition, the rapidly growing USDC, a stable currency project founded by Circle and Coinbase, in recent days has shown significant use among crypto investors. Data recovered from Glassnode revealed that more than 12 million USDC were moved in just two transactions a few hours ago.
Read the full story at: nairametrics.com.