Orbital Report: Retail Market Interest in Stablecoins Cools Down, but Real Payment Volume Surges
Jinse Finance reported that Orbital, a payment orchestration platform bridging stablecoins and traditional payment channels, has released its Q3 Stablecoin Retail Payments Index Brief. The index data is sourced from Artemis and primarily tracks "the speed and quality of stablecoin adoption in the retail payments sector." The core findings of the report are as follows: Deposits hit a record high of $7 billion after Plasma went live; BSC remains the leader in retail transfers but its growth has slowed by 50%; Aptos stabilized after a surge in Q2 but maintains a high transaction baseline; The stablecoin retail market has cooled down, but real payment volume continues to grow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
