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With warpcast rolling out native base USDC payments to Farcaster accounts last week, I decided to take a look at how much USDC has been sent between Farcaster users over time (looking at transfers onchain between verified addresses)

In total over $1.45M USDC has been sent between FC users (since Sept 2023)

Some takeaways:
 - March seems to have been the biggest month both from the amount of USDC flows between accounts and the number of transfers overall. Any ideas what drove this?

- @bountycaster rewards account for a significant portion of large user to user transactions (100 USDC and above)

- The latest native payments feature hasn't made a big bump in numbers yet.

Full Dune Dashboard: https://dune.com/sidshekhar24/farcaster-base-usdc-transfers

This is so cool! Analysis from @sidshekhar on USDC payments to Farcaster accounts

"@bountycaster rewards account for a significant portion of large user to user transactions (100 USDC and above)"

cooking @askgina.eth | prev: blockchain research @coinbase | sidshekhar.com | askgina.ai

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Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase