According to Odaily, data from The Block Pro shows a 4.4% decrease in the total on-chain transactions of Bitcoin and Ethereum in May, amounting to $390 billion. Specifically, Bitcoin's on-chain transactions for the month decreased by 4.7%, while Ethereum's on-chain transactions decreased by 3.9%.
In the same period, the on-chain transactions of stablecoins decreased by 20.5%, reaching $879 billion. The issued supply increased by 0.5%, reaching $141.9 billion. Among these, the market share of USDT grew to 78.8%, while USDC's market share slightly decreased to 17.1%.