On-chain analyst Peter Schroeder pointed out in an article on X that based on Artemis data, on October 26, Base's daily stablecoin transfer volume exceeded major networks such as Ethereum, Tron and Solana for the first time, accounting for 30% of all stablecoin transfers (US$60 billion).
In addition, Solana ranked second with a share of 25%, and Ethereum ranked third with a share of 20%.
Most of the transfer volume came from USDC, accounting for more than 62% with US$37.3 billion; USDT ranked second with nearly US$18 billion, accounting for nearly 30%, and DAI with US$4.5 billion, accounting for 7.4%.
Solana's cumulative stablecoin transaction volume from the beginning of the year to date is far ahead of all other chains, reaching US$8.6 trillion, while Ethereum is US$6.1 trillion; Base's cumulative stablecoin transfer volume so far in October is US$361 billion, while Solana is US$357.2 billion. (The Block)