According to Odaily Planet Daily, The Block analyst Lars disclosed data showing that the adjusted on-chain transaction volume of stablecoins reached $1.17 trillion in November, a growth of 30.7%.
The issuance supply of stablecoins increased by 12% to a new high of $167.2 billion, with USDT and USDC accounting for 79.9% and 17.4% of the market share, respectively.