$USDC $USDT : Base’s USDC transfer footprint does not prove merchant reach, data shows
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• USDT dominates merchant payments at NOWPayments, while USDC on Base ranks among the largest on-chain transfer routes.
• USDC on Base ranks among the largest stablecoin routes by on-chain transfer value but trails USDT networks in merchant payments processed by NOWPayments, according to a Glassnode report published Nov.
• USDT on Tron, BNB Chain and Ethereum together account for 86% of stablecoin pay-in value at NOWPayments.
• The leading on-chain trio, USDC on Base, USDC on Ethereum and USDT on Tron, accounts for 54%.
#USDC #Institutions
Source - CryptoSlate
━━━━━━━━━━━━━━━━━━━━
• USDT dominates merchant payments at NOWPayments, while USDC on Base ranks among the largest on-chain transfer routes.
• USDC on Base ranks among the largest stablecoin routes by on-chain transfer value but trails USDT networks in merchant payments processed by NOWPayments, according to a Glassnode report published Nov.
• USDT on Tron, BNB Chain and Ethereum together account for 86% of stablecoin pay-in value at NOWPayments.
• The leading on-chain trio, USDC on Base, USDC on Ethereum and USDT on Tron, accounts for 54%.
#USDC #Institutions
Source - CryptoSlate
