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Base’s USDC transfer footprint does not prove merchant reach, data shows

Headline from CryptoSlate

Image: CryptoSlate

Key points

  • Data reveals that USDC transfer volume on Coinbase's Base network does not directly translate to widespread merchant adoption.
  • NOWPayments payment processing figures indicate that Tether routes continue to handle the majority of stablecoin pay-in value, highlighting a clear distinction between overall blockchain transaction metrics and actual commercial payment usage across the crypto ecosystem.

Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.

Coins mentioned

Sources

  • CryptoSlateBase’s USDC transfer footprint does not prove merchant reach, data shows · 2 hours agoRead on CryptoSlate

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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