According to on-chain data, the average daily Transfer transaction volume of the two major stablecoins USDT and USDC is approximately $192 billion (based on a 90-day simple moving average). How exaggerated is this number? It is more than twice the average daily trading volume of the top five cryptocurrencies — their combined total is only $103 billion.
What does this reflect? Stablecoins are not only trading pairs but also market liquidity carriers and settlement tools. Their position in the entire crypto ecosystem has long surpassed that of simple value storage.
Looking at the details. On the Tron chain, the average daily Transfer transaction volume of USDT and USDC is about $24.2 billion, which nearly accounts for 1/8 of the entire stablecoin activity in the market. As the main battleground for stablecoin trading, Tron’s advantages of low cost and high efficiency are fully reflected in the data.
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BearMarketBarber
· 22h ago
The volume of stablecoins, to put it simply, is just the shadow of the dollar running on-chain. Tron is even more impressive; the power of saving gas is not to be underestimated.
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GasWastingMaximalist
· 12-20 06:36
Haha, these numbers are really outrageous. The average daily stablecoin volume is 192 billion, and the combined value of other assets still doesn't add up to a fraction.
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TRON is so popular! Low transaction fees are the key to being a winner.
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I just want to ask, is this liquidity real or just artificially created? Who knows.
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Stablecoins are no longer stable; they are now the lifeblood of the market.
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242 billion running on TRON. The ecosystem has truly taken off, no exaggeration.
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PerpetualLonger
· 12-20 06:16
1920 billion daily average? I’ve been wondering why I keep losing despite constantly buying the dip—liquidity has been drained by institutions. This is the real breakthrough.
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TRON’s one-eighth share may not seem like much, but low cost and high efficiency are the future. I’ve already gone all-in.
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Does the status of stablecoins surpass that of a store of value? That means I should keep adding to my position. This is a signal.
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103 billion versus 192 billion? The bears are fooling retail investors again. What does this data indicate? Liquidity explosion. The bull market hasn’t arrived yet.
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Wait, 24.2 billion on TRON is so aggressive? Why am I still losing money on Ethereum? This time, it’s got to be through it.
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Looking at this data, I feel reassured. The market is so active. Just hold steady. This is the last chance to add to my position.
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Stablecoins are the real blood vessels. All transactions go through them. What does that mean? Big players are quietly accumulating. I need to follow suit.
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USDT daily average of 192 billion? Really? It feels like I’m dreaming about the exchange.
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The top five assets combined account for less than half of stablecoin trading volume. That’s called market depth. My faith remains unshaken.
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RadioShackKnight
· 12-20 06:15
The trading volume of stablecoins is so fierce. It seems that the real main players in the crypto world are not those flashy tokens, but rather the honest ones like USDT to support the scene.
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BearEatsAll
· 12-20 06:10
The trading volume of stablecoins is so strong, it feels like all the real liquidity is here. BTC and ETH are more like supporting roles now.
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RealYieldWizard
· 12-20 06:06
Stablecoin trading volume directly surpasses mainstream coins, indicating that everyone doesn't really care about price fluctuations and just wants to trade steadily.
According to on-chain data, the average daily Transfer transaction volume of the two major stablecoins USDT and USDC is approximately $192 billion (based on a 90-day simple moving average). How exaggerated is this number? It is more than twice the average daily trading volume of the top five cryptocurrencies — their combined total is only $103 billion.
What does this reflect? Stablecoins are not only trading pairs but also market liquidity carriers and settlement tools. Their position in the entire crypto ecosystem has long surpassed that of simple value storage.
Looking at the details. On the Tron chain, the average daily Transfer transaction volume of USDT and USDC is about $24.2 billion, which nearly accounts for 1/8 of the entire stablecoin activity in the market. As the main battleground for stablecoin trading, Tron’s advantages of low cost and high efficiency are fully reflected in the data.