The stablecoin trading volume in April rose to 1.1 trillion US dollars, setting a new historical high

After adjustments in April, the on-chain transaction volume of stablecoins increased by 23.7%, rising to 1.1 trillion US dollars, setting a new historical high%; The supply scale of issued stablecoins has increased slightly, with an increase of 2.8% reaching 141.2 billion US dollars, among which the market share of USD stablecoin USDT has grown to 77.83%, while the market share of USDC has slightly decreased to 18.1%. However, after adjustments in April, the total on-chain transaction volume for Bitcoin and Ethereum fell overall by 30.5%, reaching $408 billion; Among them, Bitcoin's adjusted on-chain transaction volume fell by 30.85%, and Ethereum's on-chain transaction volume dropped by up to 30.2%.