January 27, 2021 Monthly on-chain stablecoin volume breaks all time record

Since the start of January, on-chain stablecoin volumes surpassed $230 billion. This was a 33% increase from December’s total of $178 billion. Making up the majority of these stablecoins is Tether’s USDT at 62.9%, followed by USDC at 21%, and DAI at 9.1%.