Ethereum continues to dominate the stablecoin market 🚨


- It now controls 87% of the total stablecoin supply
The stablecoin growth has accelerated significantly over the past two years
Ethereum remaining the clear leader despite increasing competition from other networks.
Stablecoins are one of the strongest indicators of on-chain liquidity we all k ow and Ethereum is still where most of that capital lives
It’ll be interesting to see whether challengers can meaningfully close the gap.
ETH0.22%
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