UTC-05:00,Sunday , July 12th 2020

Tether, DAI, Paxos Take Lead Over Venmo As Stablecoins Report Higher Trading Volume

18:59 Thursday , July 11th 2019
According to the data derived by TradeBlock, a provider of institutional trading tools for digital currencies, it was found that in the recent quarter the ERC20-based stablecoins' transaction volumes surpassed Venmo, a mobile payment service.
According to TradeBlock, the transaction volumes of the stablecoins were fewer than that of Venmo, however, come the year 2019, the transaction volumes of stablecoins such as Tether, DAI, USD Coin, Paxos, and True USD, spiked dramatically.
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