Algorithmic stablecoins attracted only a few daily active addresses in June 2022, with TerraClassicUSD being the biggest. 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 algorithmic stablecoin on June 26, 2022
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
* Technically, FRAX is only partially a USD-backed stablecoin as it also uses an algorithm for its backing. It has nevertheless been added to this statistic, due to its market size. Tron's USDD started out as a purely algorithmic stablecoin in May 2022 - and has therefore been added as such - but technically it changed to a model similar to FRAX not long after.
Citation formats
Raynor de Best
Content expert covering payments and (crypto)currencies
Learn more about how Statista can support your business.
Statista. (June 27, 2022). Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022 [Graph]. In Statista. Retrieved April 30, 2025, from https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. "Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022." Chart. June 27, 2022. Statista. Accessed April 30, 2025. https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. (2022). Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022. Statista. Statista Inc.. Accessed: April 30, 2025. https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. "Number of Unique Addresses That Were Active on The Blockchain Network Either as a Sender or Receiver of Algorithmic Stablecoin on June 26, 2022." Statista, Statista Inc., 27 Jun 2022, https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista, Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022 Statista, https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/ (last visited April 30, 2025)
Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on June 26, 2022 [Graph], Statista, June 27, 2022. [Online]. Available: https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
