Significant Increase in Swap Volume on Metamask Over the Last Week!!

Volume Swap on Wallet Provider Metamask It hit an all-time high last weekend due to the collapse of crypto-friendly banks like Silvergate and Signature.

Ref: The Block Pro data 

Dan Finlay, group manager of Metamask, said in The Scoop podcast with Frank Chaparro:

"It's a lot of just speculative panic. People aren't sure what they can trust. And everybody seems to want something stable," he said. People were "making some pretty big moves in response to this situation."

"People were betting, they were freaking out that some of their stablecoins were going to drop. DAI even dropped because most of its backing is on USDC now," Finlay said.

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