Adjusted stablecoin on-chain transaction volume in November reached $1.17 trillion, up 30.7%

According to data disclosed by Lars, an analyst at TheBlock, on the X platform, the adjusted on-chain transaction volume of stablecoins reached $1.17 trillion in November, an increase of 30.7%; the supply of stablecoins issued increased by 12% to a new high of $167.2 billion, of which USDT and USDC accounted for 79.9% and 17.4% of the market share respectively: