Over $60 Billion in Stablecoin Transfers in Crypto Markets in a Single Day

Of the $60 billion worth of stablecoins transferred on Oct. 26, the bulk of the volume transferred came from Circle's stablecoin USDC, whose tokens were worth $37.3 billion and accounted for more than 62 percent of the total volume, according to data from Artemis on Oct. 28th. In second place was Tether's USDT token, worth nearly $18 billion and accounting for nearly 30 percent of the volume, while the DAI stablecoin came in third place, worth $4.5 billion and accounting for just 7.4 percent of the total volume.