Disclaimer: The map visualises proxy-based estimates of the stablecoin flow geography. These estimates leverage 1) data on the stablecoin transfer activity of the identified wallets belonging to service entities (platforms and smart contracts) with a web presence and 2) the analysis of web traffic to the websites of these service entities. The estimates rely on a number of assumptions. Please refer to the Methodology section for more details.

The estimates and especially the analysis of the metric changes over time offer a foundation for exploring stablecoin geography. However, the data is provided for informative purposes only and should not serve as a basis for any legal actions or be considered investment advice, due diligence or recommendation of any type.