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