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Report Finds USDC Transfer Growth on Base Fueled by LP Rebalancing



Report Finds USDC Transfer Growth on Base Fueled by LP RebalancingA new analysis from Coin Metrics, authored by Senior Research Associate Tanay Ved, finds that January’s record $8 trillion in adjusted stablecoin transfer volume was largely driven by USDC activity on Base, with much of the spike tied to decentralized finance ( DeFi) mechanics rather than payments. Tanay Ved of Coin Metrics Breaks Down USDC’s […]



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