In December, USDT's market share in the stablecoin market reached 76%, marking four consecutive months of growth

The Block Pro data shows that the on-chain transaction volume of stablecoins continued to rise in December after adjustments, reaching $608 billion, an increase of approximately 1.9%; The supply scale of issued stablecoins also increased, with a growth rate of 0.57% reaching $120.8 billion, among which the m arket share of USDT reached 76%, up by 1.2 percentage points from November and has maintained growth for four consecutive months, while the market share of USDC continues to fall to 18.3%. In addition, Bitcoin and Ethereum's adjusted total on-chain transaction volume rose by 29.1% during the same period, reaching $328 billion; among them, Bitcoin's adjusted on-chain transaction volume increased by 34.4%, and Ethereum's on-chain transaction volume surged as high as 21.6%.