Market cap doesn't tell the whole stablecoin story.
$DIA 's research shows that 99.4% of stablecoin supply is USD-pegged.
But supply alone doesn't explain how stablecoins are actually being used.
Lending activity, network distribution and capital utilization reveal a different picture.
A stablecoin with a large market cap isn't necessarily the most actively used.
Market cap shows size. Usage reveals function.
What metric do you check first after market cap?
$DIA 's research shows that 99.4% of stablecoin supply is USD-pegged.
But supply alone doesn't explain how stablecoins are actually being used.
Lending activity, network distribution and capital utilization reveal a different picture.
A stablecoin with a large market cap isn't necessarily the most actively used.
Market cap shows size. Usage reveals function.
What metric do you check first after market cap?