Jun 19, 09:56 PM

Stablecoin net flows drop by $4.33B, balance hits $30.4B; transfer volumes surge to $3 trillion in June

Stablecoin net flows on exchanges have decreased by over $4.33B (12.5%) in the last month, reaching their lowest levels since February. The total aggregate stablecoin balance on exchanges is now at $30.4B. Stablecoin transfer volumes have surged from $1.68 trillion in April to $3 trillion over the last 30 days, showing significant growth in this sector.

Written with ChatGPT (GPT-3).

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Token Terminal 📊@tokenterminal
2 years ago
Stablecoin supply is closing in on ATHs Prior ATHs were in Feb '22 Stablecoin supply up $30B from Jan '24 https://t.co/d6K4Ms3LaP
The Serenity Research@SerenityFund
2 years ago
Weekly #stablecoin https://t.co/D0knS2LntZ
Leon Waidmann 🔥@LeonWaidmann
2 years ago
Insane growth! Is #Telegram with its #TON Blockchain becoming the WeChat of emerging markets? With transfer volumes between $5.0B and $10.0B, TON now handles about 10% of #Bitcoin's average daily transfer volume of $50.0B! Mind-blowing.💥 https://t.co/Y60F4w3dmH

Stablecoin net flows drop by $4.33B, balance hits $30.4B; transfer volumes surge to $3 trillion in June

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