USDT and USDC Daily Transfer Volume Averages $192B, Nearly Double Top Five Crypto Assets Combined
USDT and USDC recorded an average daily transfer volume of about $192 billion based on a 90-day simple moving average as of December 20, nearly double the roughly $103 billion combined transfer volume of the five largest crypto assets, Glassnode data cited by BlockBeats show. The two stablecoins are handling a larger share of liquidity and settlement activity in the market. USDT and USDC on Tron show an average daily transfer volume of around $24.2 billion, nearly 10 times XRP's on-chain transfer volume.