The number of addresses holding stablecoins increased by 15% this year to 93.6 million

PANews reported on April 24 that according to rwa.xyz data, the number of addresses holding stablecoins has increased by 15% this year, reaching 93.6 million, a record high. There are currently 35 stablecoins with a total market value of US$157 billion. Among all stablecoins, Tether (USDT), which leads with a market capitalization of $114.07 billion, accounts for more than 80% of stablecoin addresses, followed by USDC and BUSD.

The number of addresses transferring stablecoins has also increased rapidly over the years. In March alone, the number of active stablecoin addresses exceeded 26 million for the first time. Data shows that nearly 20 million or 77% of these addresses are based on TRON and Binance Smart Chain (BSC), mainly representing the participation of retail investors.