August 2, 2019, 10:54AM EDT
• 3 min read

Gap between Bitcoin and Ethereum transaction volumes narrows as stablecoin demand soars 

Quick Take

  • The disparity between Bitcoin and Ethereum economic activity falls by 50% when taking stablecoin volumes into account
  • As of July 26, total Ethereum stablecoin transaction volume surpassed Ether transaction volume for the first time, indicating that Ether’s role as the network’s long-term primary medium of exchange is in doubt

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