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    Stablecoin Popularity for Swaps (Algorand Bounties)

    Which stablecoin is more popular for a wallet to use in swaps(use algorand.swaps table): USDT, USDC, STBL? Compare volumes and number of swaps for each over the month of March 2022.

    Methodology

    In the current dashboard we used algorand.swaps table to find stablecoin that is more popular for a wallet to use in swaps.

    we separate two types of swap for each asset in from asset to swap & to asset swap and then calculate the number of swaps & total volume for each on 2022's March.

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    Conclusion

    As we can see in the above chart and table USDC$ is the more popular stablecoin to swap on wallets and after that is STBL$ and last one is USDT$.