The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau.
Source: https://cointelegraph.com/news/stablecoin-on-chain-activity-explodes-as-bitcoin-breaks-11k
Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K
July 29, 2020
CoinTelegraph