Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the volume of activity that liquidity supports. Marke...

Source: [CryptoSlate](https://cryptoslate.com/the-most-important-stablecoin-metric-isnt-market-cap-anymore/)

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