Stablecoin net inflows hit $1.7B last week amid on-chain recovery

Stablecoin net inflows surged to $1.7 billion last week, a 414.5% increase from the prior week, amid a recovery in on-chain activity, according to a report from blockchain analytics firm Messari cited by Cointelegraph. While trading volume increased by 6.3%, the average transaction size continued to decline. The report explained that retail investor-led on-chain activity is strengthening and demand for stablecoin issuance is growing again.