Total amount of stable coins transferred on-chain vs Bitcoin

📝Overview

This indicator measures the total amount of coins transferred on-chain.
Only successful transfers are counted.
(Glassnode)

📈Analysis
In this chart I put the main stable coins.

Looking at the on-chain volume, the highest volume so far was reached on Nov 08, 2022, at the bottom marked in the red circle.
Looking at it, the break of this support would be accompanied with a new record in volume.

🔎Binance


Looking at Binance's stable coin in isolation, we have a temporary new all time high.