ETH: Stablecoin Senders by Token
Included with Plus.
The number of distinct Ethereum addresses that sent each stablecoin (a transfer of $1 or more) in each period.
Why use it. Which dollars people actually use: a token can have a large supply parked in a few contracts and few users, or a small supply moving through many hands. How to read it. Lines are not added up: an address sending two tokens counts in both.
Calculation. Distinct senders of each token's counted transfers of at least $1 per UTC hour or day; the open day counts its hours so far. 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.