Stablecoins see $846 billion in on-chain trades in May

Stablecoins surpassed $846 billion in on-chain trading volume, according to on-chain data platform IntoTheBlock. Despite a 30% drop in monthly trading volume and the total stablecoin supply remaining $20 billion below its peak, the market demonstrates robust activity. Additionally, IntoTheBlock's "On-chain Insights" newsletter highlights that stablecoins are increasingly recognized for their... source: https://cryptobriefing.com/stablecoin-market-growth-analysis/