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Ethena Holds Nearly Half of Robinhood Chain's USDG Supply

2026-07-07 10:47:08

Tom Wan claimed that Ethena holds nearly half of Robinhood Chain's USDG supply. Wan said Ethena holds $50 million in USDG on the chain and another $50 million in a joint Ethena and Steakhouse USDG vault. Entropy Advisors chart data showed Robinhood Chain stablecoin market capitalization at approximately $239.04 million as of July 7.

ENA0.65%

USDG0.03%

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GateUser-c0553855

· 1h ago

continues falling

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