November saw the second-highest adjusted monthly stablecoin volume led by Tether
November was a notable month for stablecoin activity, network data shows.
According to data collected by The Block Research, the total amount for adjusted on-chain stablecoin volume reached $139.21 billion in November — almost $6 billion shy of the all-time high for such activity in September.
Tether (USDT) comprised the lion’s share of November’s volume, at 77%, followed by the USDC (16.8%) and Binance USD (4.5%).
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Go to Source
Author: MK Manoylov