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Base Blockchain Surpasses Ethereum and Tron in Daily Stablecoin Transactions

Base just pulled off a major milestone: on October 19, its daily stablecoin transaction volume briefly topped every other blockchain, including big players like Ethereum, Tron, and BNB Chain. Base processed over $190 million in stablecoin transactions that day, edging out Tron’s $181 million and Ethereum’s $137 million. Not bad for a chain that’s still relatively new to the scene!

This jump in volume is a clear sign that Base’s focus on low fees and strong DeFi partnerships is paying off, making it an attractive choice for stablecoin transactions. Plus, the network’s activity is getting a boost from popular projects like Friend.tech, which is keeping more users active and engaged on the platform.

With Base’s rapid growth and ability to keep pace with well-established chains, it’s definitely one to keep an eye on. If it continues to deliver high transaction volumes, Base could solidify itself as a major player in the stablecoin and DeFi ecosystem. Show Less

https://cointelegraph.com/news/base-stablecoin-transaction-volume-briefly-tops-all-other-chains
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