Wu says that according to @YashasEdu research, the supply of non-USD stablecoins has doubled over three years, reaching $1.1 billion; monthly trading volume has surged 16 times, exceeding $10 billion; the number of wallet addresses has surpassed 1 million. Additionally, 90% of non-USD stable trading activity is conducted in euros and is widely used in DeFi; excluding euros, 80% of the remaining transactions are unidentified, which may include payment channels, B2B settlements, and remittances.

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