CoinVoice has recently learned that according to Bitcoin.com, the stablecoin market has experienced moderate growth since October, but overall growth is still quite slow. Currently, the industry is worth $172.7 billion, with 48.9% of stablecoins circulating on Ethereum and 34.92% on Tron. Although the stablecoin market has expanded significantly since the beginning of the year, transfer volume has been steadily declining since May. At that time, transfer volume peaked at $3.6 trillion and fell to $1.6 trillion last month. So far, transfer volume in October is about $1.2 trillion.

While the number of active addresses has also declined since March, the drop is not as dramatic as the decrease in transfer volume. Of the $1.2 trillion transferred this month, $309.2 billion was completed on Ethereum, while Tron processed $282.9 billion. [Original link]