From past research I've done.
USDT has disproportionately high <$1,000 transfer sizing.
USDC has disproportionately high ($100k+ transfer sizing, and disproportionate volume in NYSE trading hours.
DAI has disproportionately high transfer sizing ($100k+) and its primary usage is as a free USDC hedge via the Maker PSM where it is fixed 1:1 with USDC- so advanced whales offload their USDC risks onto Maker overnight and withdraw when NYSE is open again.
USDe is degen leverage stuff.
LUSD/BOLD is degen leverage stuff.
stupid question
with all these stablecoins flying around (usdc, usdt, etc), are people actually using them or just storing? has anyone done a breakdown on this? like where and how are people actually transacting with stablecoins onchain?
and no, not just "payments", like specifically what/how people use stables atm?
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