Raenest set two records in October, on two different rails
Raenest settled a record $12.3M of virtual-account volume through Bridge in October, and took a record $1.36M in stablecoin deposits across 6 chains. The two are different flows, measured separately.
- $1.36M
- Stablecoin deposits
- 9x
- Bridge volume vs stablecoin deposits
- 1,255
- Depositing wallets
a record, up 66% on September
October, compared side by side, not added
a record, from 4,938 deposits
Raenest runs two rails, and in October both set records.
Virtual accounts, settled through Bridge: $12.3M
Up 38% from September's $8.9M, and the seventh rise in a row. The rail went from $209K in May to $6.6M in June and has climbed every month since. October carried 27,811 settlements, up from 23,624, and 99.9% of the value settled as USDC on Ethereum. Since November 2025, Bridge has settled $44.1M for Raenest across 117,452 settlements.
Stablecoin deposits: $1.36M
Up 66% from $822K, beating August's $873K, from a record 4,938 deposits and 1,255 wallets. Customers also opened a record 639 new deposit addresses.
It runs across six chains. Tron carried a third ($457K, all USDT) and Base $288K, then BSC, Solana, Ethereum and Polygon. USDC rose to 46% of the month, up 20 points.
Two flows, not one total
Virtual-account volume is customer money that Bridge settles to Raenest in USDC. Stablecoin deposits are crypto that customers send straight in. Adding them would mix two different things. Compared side by side, the virtual-account rail moved 9x the stablecoin deposits in October, which shows where most of Raenest's dollar activity runs.
What this is, and is not
Both are flows measured onchain, not balances, revenue or Raenest's full book. Off-chain activity isn't counted.
Live data → /venues/raenest
Method
Two separate measures, never added together. Virtual-account volume is the USDC that Bridge settled onchain to Raenest's operating wallets for customer virtual accounts, by calendar month. Stablecoin deposit flow is all USDT and USDC customers sent to Raenest's verified deposit addresses on Tron, Base, BSC, Polygon, Solana and Ethereum, full flow on a shared rail. Complete months only; excludes withdrawals and transfers between Raenest's own wallets.
How attribution works →Cite this
Free to cite with attribution. No embargo, no approval needed.
AfriFlux (2026). Raenest set two records in October, on two different rails. Published 4 November 2026. https://www.afriflux.xyz/feed/raenest-two-records-october
Reproducing a chart? Use this line: Source: AfriFlux — on-chain intelligence for Africa's stablecoin economy. afriflux.xyz