$ETH
ETH
3,153.83
-1.10%
🚨🚨 The number of unique monthly wallets sending USDC (a stablecoin) on the Ethereum network has hit an all-time high of 1.6 million ⚡️📢
The drivers?
- Regulation.
The EU's MiCA laws are forcing a massive "flight to quality," moving liquidity from USDT to compliant stables like USDC.
- Institutions.
Big players (like BlackRock) are using Ethereum mainnet to settle tokenized treasury trades.
- Utility.
While retail trades on L2s, high-value commercial payments are settling on Layer 1 ⚡️📢