Base stablecoin transaction volume briefly tops all other chains
Base notched a new record stablecoin volume, temporarily beating out Solana, Ethereum and Tron for the top spot.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Base notched a new record stablecoin volume, temporarily beating out Solana, Ethereum and Tron for the top spot.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Solana DEX volume spike hides circular trades, and automated bots are blamed
Bitquery flagged $117.7 billion in Solana DEX trades in a 30-day sample, where repeated round trips supplied much of the recorded...
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce wants financial firms to stop stockpiling customer data aft...
HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure
HIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, car...
CFTC Staff Let Futures Brokers Invest Customer Funds in Tokenized Assets, Keep Records Onchain
Futures brokers and clearinghouses regulated by the Commodity Futures Trading Commission can invest customer money in tokenized ve...
Musk’s Grok Is Out-Trading ChatGPT 40 to 1 Among Coinbase AI Agents
Elon Musk’s Grok placed 59.5% of all AI agent trading volume on Coinbase in the week leading up to Sept. 21, nearly 40 times ChatG...
Bitcoin Price Eyes $96.7K as ETF Demand and Spot Volume Rise
Bitcoin has pushed above the cost-basis levels that capped its recovery earlier this year, while ETF demand, stronger spot volume,...