USDC traded $40.2 billion on DEXs during Q3 weekends while banks were closed
Photo: Crypto Briefing
Circle's stablecoin kept decentralized markets busy on Saturdays and Sundays, when traditional bank transfers sit idle Banks close for the weekend. Decentralized exchanges apparently never got that memo. USDC , the dollar-pegged stablecoin issued by Circle, traded $40.2 billion on decentralized exchanges during weekends in the third quarter, according to figures shared on X. All of that activity happened during the days when conventional bank transfers stop moving. The $40.2 billion total covers USDC trading on DEXs across Q3 weekends. These venues match trades through smart contracts instead of brokers or clearinghouses.
Source: Crypto Briefing
