Gate News message, March 31, Dune and Visa research shows that the total supply of non-USD stablecoins has reached $1.2 billion, with monthly on-chain transfer volumes of about $10 billion. The number of token-holding addresses has grown from roughly 40,000 at the beginning of 2023 to 1.2 million today. Among them, euro stablecoins have grown the most under the MiCA regulatory framework, with monthly trading volume increasing year over year from $383 million to $3.83 billion. In addition, local-currency stablecoins such as the Japanese yen, Singapore dollar, and Brazilian real have also continued to expand, indicating that the stablecoin ecosystem is gradually extending from USD dominance toward a multi-currency on-chain settlement system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Holds $87 Support as ETF Inflows Top $22M
Key Insights
Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level.
Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing
CryptoNewsLand1h ago
Bitcoin, Ethereum and Solana ETFs Record Positive Net Inflows on April 21
Gate News message, according to the April 21 update, Bitcoin ETFs recorded a 1-day net inflow of 3,599 BTC (approximately $272.59 million) and a 7-day net inflow of 18,914 BTC (approximately $1.43 billion). Ethereum ETFs showed a 1-day net inflow of 34,380 ETH (approximately $79.25 million) and a 7-
GateNews2h ago
Crypto Hack Draining $300M May Slow Wall Street's Blockchain Ambitions
Gate News message, April 21 — A weekend hack that drained nearly $300 million from a small crypto project and triggered a $10 billion run on the largest decentralized lending platform may slow Wall Street's growing interest in blockchain technology, according to a report from Jefferies LLC released
GateNews2h ago
Arthur Hayes: I'll Believe in XRP's Use at Scale When I See On-Chain Evidence
Arthur Hayes calls for on-chain evidence of XRP at scale; Iran tolls on oil tankers reportedly paid in Bitcoin to bypass sanctions, with pre-cleared shipments. Jim Rickards cites Ripple as part of a broader crypto-led parallel financial system.
Abstract: The article compares Hayes's demand for XRP's real-world on-chain use with reports of Bitcoin toll payments by Iran and notes Rickards' view that Ripple could play a role in a broader crypto-driven parallel financial system.
GateNews2h ago
Newly Created Wallet Withdraws 35,000 ETH Worth $80.7M from Major CEX, Deposits into BitGo Custody
A newly created wallet withdrew 35,000 ETH (about $80.7M) from a major exchange within two hours, then transferred the full amount to a BitGo custody address.
Abstract: A new wallet moved 35,000 ETH (≈$80.7M) from a major exchange and deposited it into BitGo custody, per Lookonchain.
GateNews2h ago
Scroll ZKP TVL Plunges $209M in Two Days Following Ether.fi Migration to Optimism
Gate News message, Scroll_ZKP experienced a significant TVL decline from $232.7M to $23.19M within two days (April 7-9), following ether_fi's migration to Optimism. Data shows that 5 out of the top 10 blockchains with the largest TVL drops over the past 30 days are Ethereum Layer-2 networks.
GateNews2h ago
