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Ethereum’s Value Transfer Is Now Dominated by Stablecoins – Bitcoin News

Ethereum’s Value Transfer Is Now Dominated by Stablecoins – Bitcoin News

The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai.




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