OKG Research： Stablecoins are evolving from anchor type assets to financial interfaces with high-frequency calling capabilities

According to OKG Research analysis, the latest on chain tracking data shows that in the past 7 days, stablecoin (USDT&USDC) on chain transfers amounted to nearly $500 billion, equivalent to 131% of the global transaction volume between Visa and Mastercard during the same period in 2024. The total number of stablecoin holding addresses has exceeded 85 million, with over 4.8 million actual transfers initiated. Among them, USDT users have an average daily transaction frequency of 4.37 transactions per address. OKG Research points out that the essence of stablecoins has approached the "protocol encapsulation of US dollar usage rights" and is accelerating to become a key infrastructure in the on chain financial system.