ChainCatcher Message, there are new developments in the blockchain industry! According to data disclosed by TheBlock analyst Lars on the X platform, the adjusted on-chain transaction volume of stablecoins in November reached an astonishing $1.17 trillion, a month-on-month increase of 30.7% 📈. This indicates that the market demand for stablecoins is continuously increasing.

At the same time, the issuance supply of stablecoins has also reached a new high, increasing by 12% to $167.2 billion 💰. Among them, USDT and USDC continue to dominate the market, with market shares of 79.9% and 17.4%, respectively. This shows that these two stablecoins remain the top choice for investors.

Regardless of market fluctuations, the performance of stablecoins seems to be steadily rising, making them worth continued attention!