Daren Matsuoka pfp
Daren Matsuoka
@darenmatsuoka
Stablecoins have found product market fit and this chart shows it. Stablecoin activity is largely uncorrelated to crypto market cycles – organic, non-speculative use appears to be widespread and growing even as crypto trading volume fluctuates.
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Francesco Piccoli pfp
Francesco Piccoli
@francescop
How did you classify an address as “stablecoin active” for this chart?
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Daren Matsuoka pfp
Daren Matsuoka
@darenmatsuoka
Source is Artemis, which they define as "Number of unique addresses that have transacted stablecoins" during the period.
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Joshua Hyde (he/him) pfp
Joshua Hyde (he/him)
@jrh3k5.eth
Do they have a minimum threshold in their math? Wanting to make sure that dust attacks aren't skewing these stats.
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