Stablecoin Popularity for Swaps
Which stablecoin is more popular for a wallet to use in swaps(use algorand.swaps table): USDT, USDC, STBL? Compare volumes and number of swaps for each over the month of March 2022.
In my Solution for this bounty of Algorand ecosystem I'm showing number of swaps and volume of them to get better conclusion
Note :
USDC : (31566704)
USDT : (312769)
STBL : (465865291)
first i put number of swaps together
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seems user mostly like to use USDC to sell or buy other coins on Algorand ecosystem
now we can see volume of swaps together at below
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here as well we see that volume of traded USDC is above other two stablecoins