Stablecoin Activity on Ethereum at Annual Lows?! Per data from @santimentfeed, @Ethereum is currently witnessing exceptionally low levels of $USDC and $USDT wallet activity - the lowest levels it has seen this year. Currently, @Circle and @tether still dominate the stablecoin landscape on $ETH, despite compelling new offerings from the likes of @worldlibertyfi and @PayPal. According to Santiment, this is typical of "flat" market performances where prices remain pinned in a certain range.
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