Base Network Sees 280% Surge in Stablecoin User Activity in Q2

Gate News bot message, Base network recorded significant growth in stablecoin activity during Q2 2023, with active addresses increasing by 280% quarter-over-quarter.

The network achieved a milestone in June when over 3.3 million users engaged with stablecoins, establishing a new record for the platform. Despite this substantial increase in user activity, the total stablecoin supply on Base remained relatively stable throughout the second quarter.

The data comes from Base official statistics.

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