DAI was the only crypto-collateralized stablecoin with over a thousand daily active addresses in June 2022. The metric of active addresses is the closest thing available in the cryptocurrency world to active users. Within the blockchain, addresses are assigned to digital wallets so as to reliably ensure a transaction. An address can become active only within a set period of time, essentially allowing a user to make transactions. Successful transactions are then recorded and made visible on the blockchain with that address - although one cannot re-trace the exact location or who is the owner of that specific address.
Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022
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Statista. (June 27, 2022). Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/
Statista. "Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022." Chart. June 27, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/
Statista. (2022). Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/
Statista. "Number of Unique Addresses That Were Active on The Blockchain Network Either as a Sender or Receiver of Crypto-collateralized Stablecoin on June 26, 2022." Statista, Statista Inc., 27 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/
Statista, Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/ (last visited November 13, 2024)
Number of unique addresses that were active on the blockchain network either as a sender or receiver of crypto-collateralized stablecoin on June 26, 2022 [Graph], Statista, June 27, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1316814/crypto-backed-stablecoin-active-addresses/