Bots accounted for 70% of stablecoin transaction volume in 2024, survey reveals

Automated trading has fueled 70% of the volume of stable -coin transactions last year, with a base exceeding Ethereum due to bot -based activity, reveals a survey.

A new investigation By Crypto Exchange Cex.io, which cited Allium’s data, reveals that automated trading robots managed 70% of the stablecoin transaction volume in 2024, based on an analysis of blockchain activity through Ethereum,, BaseAnd Solara.

Depending on the exchange, on average, 77% of the total volume of stable transactions of 2024 fell into the unresolved category, largely driven by BOT transactions.

BOT activity experienced a quadruple increase compared to 2023, going from its share from 80% to 90% in the undeled category. The exchange indicates that this distilled figure means that “70% of the stablecoin transaction volume in 2024 was linked to bot transfers”.

“The USDC has dominated the unresolved category, representing more than 65% of the volume. This underlines the fact that a large part of the transaction activity of the USDC was motivated by the bots. »»

Cex.io

Coinbase’s Layer-2 network base has seen the biggest impact while the bots pushed it before Ethereum in gross number, reveals the investigation report.

“Networks such as Solana and Base, where the USDC supply dominates, saw unresolved transactions represent more than 98% of the Stablecoin activity in December 2024. Due to the BOT activity, the basis even managed to exceed Ethereum in the total volume of stablecoin transactions in the fourthloi

Cex.io

The study also revealed that without Bot activity, the landscape of the stablecoin transaction would be “completely different”. The adjusted stall transfer volume doubled in 2024, although it “is still lagging behind the growth of the bot -based activity”, according to Cex.io.

Tether’s (USDT) remained the dominant stable for “organic” transactions, representing more than 68% of the adjusted volume. Paypal (Pyusd) showed the highest adoption growth, tripling its share in adjusted transactions, but still represented less than 2% of the “organic” transaction activity.