Ethereum price has remained under pressure, but stablecoin activity on its network surged to new highs in October. Ethereum-based stablecoins recorded a massive $2.82 trillion in on-chain trading volume, up 45% from September. This is the largest monthly volume on record. The most traded was USDC where it generated 1.62 trillion. Ethereum Stablecoin Volume Hits
The post Ethereum Price As Stablecoin Volume Hits ATH of $2.82T Despite Struggling Crypto Market- Is a Recovery In Sight? appeared first on CoinGape.
