December 2024 Stablecoin adjusted trading volume reaches $1.41 trillion, a record high
According to The Block Pro data, the adjusted trading volume of stablecoins increased by 20.3% in December 2024, reaching a record high of $1.41 trillion; the supply of stablecoins increased by 1.7% to reach $170 billion, of which the market share of USDT and USDC was 79.2% and 18.3% respectively; In addition, the income of bitcoin miners reached $1.44 billion, an increase of 18.9%, and the income of ETH pledgers increased by 30.2%. In December, a total of 47,064 ETH were destroyed on the Ethereum chain, equivalent to $174.40 million, and a total of 4.53 million ETH were destroyed since the implementation of EIP-1559, which is about $12.80 billion.