ARK Invest said stablecoin growth is stalling after October’s shock, with Base taking the lead in transaction volume.ARK Invest said stablecoin growth is stalling after October’s shock, with Base taking the lead in transaction volume.
Stablecoin growth stalls after October shock as Base leads transaction volume: ARK Invest
News Brief
ARK Invest reports that stablecoin expansion has essentially stalled after October's unexpected decline. However, Base has now emerged as the leader in transaction volume. Analysts believe this shift reflects evolving market dynamics within the crypto ecosystem. Overall, the stablecoin sector faces renewed uncertainty despite Base's growing dominance in processing activities.
ARK Invest said stablecoin growth is stalling after October’s shock, with Base taking the lead in transaction volume.
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