Stablecoins Approach Key Role in Blockchain Finance, Analysis Shows

According to PANews, recent analysis by OKG Research reveals that stablecoin transactions, specifically USDT and USDC, have reached nearly $500 billion in the past week. This figure is equivalent to 131% of the global transaction volume of Visa and Mastercard during the same period in 2024. The total number of stablecoin holding addresses has surpassed 85 million, with over 4.8 million actual transfers initiated. USDT users have an average daily transaction frequency of 4.37 transactions per address. OKG Research highlights that stablecoins are increasingly resembling 'protocol encapsulation of dollar usage rights,' rapidly becoming essential infrastructure within the blockchain financial system.