The crypto industry saw significant on-chain revenue in December, with stablecoin issuers taking the lion’s share, according to data from DeFiLlama. These issuers collectively earned over $664 million, representing over 40% of the $1.5 billion total revenue generated by crypto protocols. Tether, the USDT stablecoin issuer, emerged as the top contributor, pulling in $532.10 million. […]
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Tether and Circle generate $664 million in December revenue commanding stablecoin market