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The Cryptonomics™ > Bitcoin > Report Finds USDC Switch Development on Base Fueled by LP Rebalancing
Bitcoin

Report Finds USDC Switch Development on Base Fueled by LP Rebalancing

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Last updated: February 19, 2026 6:27 am
admin Published February 19, 2026
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Report Finds USDC Switch Development on Base Fueled by LP Rebalancing



A brand new evaluation from Coin Metrics, authored by Senior Analysis Affiliate Tanay Ved, finds that January’s document $8 trillion in adjusted stablecoin switch quantity was largely pushed by USDC exercise on Base, with a lot of the spike tied to decentralized finance ( DeFi) mechanics fairly than funds. Tanay Ved of Coin Metrics Breaks Down USDC’s […]



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