Celo’s Surge In Stablecoin Adoption: What’s Driving The Growth?

Celo’s Surge In Stablecoin Adoption: What’s Driving The Growth?

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Source: TheMerkle.com

This week at @Token2049, the Celo Foundation and cLabs are making headlines as Celo’s daily active stablecoin addresses recently surpassed those of @trondao.

But what’s fueling this impressive rise in Celo’s stablecoin usage?

While daily active addresses can be a limited metric, a deeper look into Celo’s stablecoin transaction volumes reveals the true growth.

Transfer sizes across all categories are increasing, suggesting that the network isn’t being spammed with small, insignificant

Read More https://themerkle.com/celos-surge-in-stablecoin-adoption-whats-driving-the-growth/

The post "Celo’s Surge In Stablecoin Adoption: What’s Driving The Growth?" appeared first here TheMerkle.com.

Source: TheMerkle.com

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