Ethereum Network Processes Record $8 Trillion in Stablecoin Transfers in Q4
The Ethereum network processed a record $8 trillion in stablecoin transfers during the fourth quarter, according to reports. This volume nearly doubles that of the second quarter. The development also saw peaks in active addresses and daily transactions on the Ethereum network. The surge in stablecoin transfers highlights the increasing utility and adoption of Ethereum for financial activities within the cryptocurrency ecosystem.
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