ETH: Retail-Sized Share of Stablecoin Transfers

Included with Plus.

The share of stablecoin transfers on Ethereum that are retail-sized ($1 to $250), out of every transfer of $1 or more.

Why use it. How much of the activity is small payments rather than trading and treasury moves. How to read it. A higher share means everyday-sized payments make up more of the traffic.

Calculation. 100 x transfers of $1 to $250 / transfers of $1 or more, per period. Dust under $1 is in neither. A transfer counts when it moves more than zero tokens between two different addresses, neither of them the zero address: mints and burns change the supply and are not payments. Transfers are counted as the token contracts log them, not netted: a payment routed through a contract shows as two transfers. Computed by CryptoKeyhole from its own Ethereum archive node: every Transfer event of the tracked US-dollar stablecoins (USDT, USDC, USDS, USDe, DAI, crvUSD, PYUSD, USDf, USD1, RLUSD, GHO, USD0, USDtb, FDUSD and the smaller or wound-down BUSD, TUSD, USDP, GUSD, FRAX, FEI, LUSD, HUSD and MIM) in the blocks of each completed UTC hour, the same blocks as the stablecoin flow charts, each token at face value (one token as one US dollar). History from 16 October 2026, 00:00 UTC; hours are added as their blocks become final, and the latest day is a partial. Ethereum only.