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Maartunn|Mar 02, 2025 10:45
Active Addresses on Tether (USDT) & USD Coin (USDC) Are Hitting Record Highs 📈
The number of active addresses for Tether (USDT) and USD Coin (USDC) has reached new highs. USDT has seen the biggest increase, while USDC is also gaining more users over time.
Think development make sense because stabelcoins offer:
▶ Fast and Low-Cost Transactions – Sending stablecoins is cheaper and quicker than traditional payment systems.
▶ Cross-Border Transfers – People and businesses are using stablecoins to send money internationally without the usual banking delays and high fees.
▶ DeFi and Crypto Trading – Many decentralized finance (DeFi) platforms rely on stablecoins for lending, borrowing, and liquidity.
▶ A Safer Option During Market Swings – Traders use stablecoins to move in and out of cryptocurrencies without dealing with price fluctuations, like past week.
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