Blockchain reports May’s BTC and ETH price increases are boosting crypto adoption

Crypto company Blockchain has begun issuing monthly updates on its blog, covering product launches, feature highlights and industry analysis. In this inaugural edition, Blockchain touched on the launch of the first stablecoin used with the Blockchain wallet last month and boasted the addition of 4 million new wallets to its community in two months.

After partnering with Paxos last month to add USD PAX, Blockchain reported a “rapid rise” in the use of its wallet. The company is looking to add it to its mobile wallet as well, which it said could lead to another adoption boom. Peer-to-peer payments and savings pegged to USD will follow, according to Blockchain.

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