Stablecoin liquidity is astonishing: the daily trading volume of USDT and USDC is twice that of top-tier cryptocurrencies.

HashBandit · 2025-12-20T06:40:10+00:00

According to data from Glassnode, the average daily on-chain trading volume of stablecoins USDT and USDC reaches $192 billion, twice that of the top five cryptocurrencies. Tron has become the main settlement chain, with its trading volume being 10 times that of XRP, reflecting the market's strong demand for efficient settlement tools.

HashBandit

2025-12-20 06:40:10

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【Crypto World】How active are stablecoins really? According to the latest data from glassnode, the daily on-chain Transfer transaction volume (90-day simple moving average) of USDT and USDC is approximately $192 billion. How exaggerated is this number—it’s almost twice the Transfer transaction volume of the top five cryptocurrencies ($103 billion). In other words, stablecoins carry the vast majority of liquidity and settlement activities, and have become the true main players in the market.

What’s even more interesting is the performance across different chains. The daily Transfer transaction volume of USDT and USDC on Tron is about $24.2 billion, which is already a huge number, but not the highest. In comparison, this volume is nearly 10 times the Transfer transaction volume on the XRP chain. It shows that Tron, with its low costs and high efficiency, has become the main battleground for stablecoin settlements. The explosive growth of stablecoins also reflects the market’s deep demand for efficient, low-cost settlement tools.

TRX1,15%

XRP-2,45%

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MetaverseHobo

· 2025-12-22 16:49

Stablecoins average 192 billion daily, really leaving other assets far behind, with Tron alone at 24.2 billion. This is the taste of money.

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BearMarketBro

· 2025-12-21 05:22

Stablecoin has an average daily volume of 192 billion... it's truly the traffic password, Spot can't handle this.

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GateUser-c802f0e8

· 2025-12-20 07:08

The data on stablecoins is really outrageous, with a daily trading volume of 192 billion? That's even more impressive than the combined mainstream coins. Tron has truly won this round, with low fees making other chains helpless in comparison. This is real liquidity; stop obsessing over BTC's ups and downs. Stablecoins are the true reflection of the market, well said. No wonder it's the settlement king; Tron’s position is probably solidified.

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PumpAnalyst

· 2025-12-20 06:57

Yeah, these numbers are indeed shocking, with a daily trading volume of 192 billion... But here's the question: how much of this is the whales themselves flipping and cutting the leeks [thinking] Tron is so aggressive; low fees are indeed a killer feature, but don’t be fooled by the surface glamour. Be cautious of the underlying capital flows The liquidity of stablecoins is so strong that it actually makes me more nervous. The big players should have already run away, right? This set of data looks good, but the key is how to interpret the technical aspects. Where are the support levels? With such a huge gap, is BTC and ETH really being marginalized or what’s going on... Regarding the 24.2 billion Tron figure, I feel like there’s some water content. We need to see how much is actually flowing Stablecoins have become the main players. Is a big wave of market movement still far away? My support levels are almost reached

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MoneyBurnerSociety

· 2025-12-20 06:54

Damn, this is where I lose money every day. The liquidity of stablecoins is so strong, yet I still get liquidated in the contract. Truly a professional-level contrarian indicator.

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BlockchainBard