RWA xyz data shows that as of April 28, the on-chain transfer volume of stablecoins over the past 30 days dropped to $8.31 trillion, a month-on-month decrease of 19.18%. Meanwhile, the total market value of stablecoins rose by 2.06% to $305.29 billion, and the number of holding addresses increased by 2.32% to 246.94 million. This divergence indicates that the expansion of stablecoin supply has not translated into increased on-chain settlement and transfer activity, with more funds likely in a 'held but not circulating' state. Over the past 30 days, net inflows include $3.6 billion for USDT and $2 billion for USDC, while USDe saw a net outflow of $1.1 billion, making it the largest outflow project. (Cointelegraph) https://(wublock123.com)/news/rwa-xyz-stablecoin-supply-rises-onchain-transfers-down-19pct-60239