ETH: Stablecoin Weekend Activity (28-Day)

Shown as its 2019–2022 sample; the latest readings and full history are included with Plus.

How much stablecoin value moves on Ethereum on an average weekend day compared with an average weekday, over the 28 days to each day.

Why use it. Banks and most institutions stop at the weekend and blockchains do not. A ratio near 1 means stablecoins move as much on Saturdays and Sundays as during the week, the way a payment network for people would; a low ratio means activity follows office hours. How to read it. Below 1 the weekend is quieter; a falling ratio means weekday, institutional flows are growing faster. Holidays falling on weekdays pull it up slightly.

Calculation. For the 28 closed UTC days to each day: the mean daily filtered transfer volume of the Saturdays and Sundays divided by the mean of the weekdays. Filtered volume is the stablecoin flow charts' netted transfer volume with moves inside one covered exchange left out (Stablecoin Transfer Volume: All and Filtered), read from every tracked dollar stablecoin's own contract on our node since November 2017. Days only.