In May, Stablecoin active addresses surpassed 33.1 million... CCTP transaction volume also reached an all-time high
In May, it was found that the use of stablecoins reached an all-time high level. According to Wu Blockchain citing Artemis data, the number of active stablecoin addresses during the month of May reached a record high of 33.1 million.
During the same period, the bridge transaction volume of the cross-chain transfer protocol (CCTP) operated by Circle also reached 7.7 billion dollars, marking an all-time high. This suggests that the demand for stablecoin usability and cross-chain infrastructure is surging.
As the cryptocurrency market is gradually integrating with mainstream finance, it seems to reflect the strengthening of real-use foundations. Particularly with the refinement of regulatory drafts, as the trust in the stablecoin ecosystem increases, there is an analysis that expansion centered on practical utility is becoming full-scale.