📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Messari: Stablecoin market capitalization reaches a new high of $258.5 billion, volume declines but fees surge.
Odaily News According to the Messari weekly report, the total market capitalization of stablecoins has reached $258.5 billion, setting a new historical high, with a month-on-month rise of 2.7%. The daily average trading volume of stablecoins rebounded by 13.2%, reaching $143.1 billion, reversing last week's fall, but still decreasing by 6.3% month-on-month. However, the number of transactions decreased by 10% week-on-week, to 35.3 million. The divergence between trading volume and transaction count may reflect an increase in average transaction size or institutional activity. The average daily transaction fees for stablecoins rose by 8.9% week-on-week, reaching $23 million, indicating strong demand for stablecoin applications. Smaller protocols performed well, with Sky fees surging 362.0% to $1.5 million, Ethena rising 367.8% to $613,700, and Usual fees skyrocketing 8142.4% to $64,700. The increase in fees shows a significant rise in user participation on major and emerging stablecoin platforms.