Stablecoin Usage Skyrockets as USDT and USDC Reach Record Levels

Stablecoins are experiencing an explosive growth surge, with record numbers of daily users hitting their highest levels ever. Tether (USDT) hit over 147,000 daily active addresses, while USD Coin (USDC) closed in on 97,000. This marks a significant trend shift as more individuals utilize stablecoins for various purposes like trading, saving, and cross-border transactions. This surge is driven by USDT’s high utility across major blockchains such as Ethereum and Tron, while USDC’s popularity rises due to its transparency and regulatory compliance in DeFi ecosystems.