🔥 Stablecoins generate millions of dollars in revenue, with #USDT topping the list, followed by #usdc

🔥 The latest statistics show that the cryptocurrency sector saw significant on-chain revenue in December 2024, with stablecoin issuers taking the lion’s share. Together, they earned over $664 million, accounting for over 40% of the total $1.5 billion generated by crypto protocols. Tether, the issuer of the USDT stablecoin, emerged as the largest contributor with $532.1 million in revenue. Circle, the issuer of USDC, followed closely behind with $132.77 million in revenue. Together, these two companies dominate the stablecoin market, holding nearly 90% of the market share, worth over $200 billion

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