Stablecoin ‘dust’ txs on Ethereum grow 3x post-Fusaka: Coin Metrics

Market Intelligence Analysis

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Why This Matters

The number of stablecoin 'dust' transactions on Ethereum has increased threefold after the Fusaka event, with 43% of USDC and USDT balance updates being under $1, according to Coin Metrics.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Analysis of 227 million USDC and USDT balance updates found that 43% were dust transfers under $1, said Coin Metrics.

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Original article published by CoinTelegraph on February 4, 2026.
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