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In 7 days, stablecoin supply shifted across 10 chains.
Some chains bled hundreds of millions. Others quietly absorbed fresh capital.
Here's the full breakdown of top stablecoin supply changes by chain in the last 7 days 👇
OUTFLOWS
1. @ethereum: -$841,000,000 - ETF outflows and macro risk-off from geopolitical tensions
2. @solana: -$292,300,000 - Solana DEX volumes crash had a 62% decline.
3. @trondao: -$158,500,000 - Periodic CEX and remittance operator rebalancing
4. @arbitrum: -$75,600,000 - Arbitrum followed Ethereum's DeFi sentiment deterioration
5. @BNBCHAIN: -$64,300,000 - The instability of the broad crypto dragged the CEX-linked chain.
6. @avax: -$57,100,000 – Some capital is getting rotated to newer L1 ecosystems.
7. @Plasma: -$35,100,000 - Post-launch hype faded, users seeking deeper liquidity.
INFLOWS
8. @HyperliquidX: +$203,000,000 - The launch of the 250+ tokenized stocks needing stablecoin margin
9. @0xPolygon: +$85,300,000 - Payment partnerships and the Lisovo upgrade drove enterprise demand.
10. @Aptos: +$50,900,000 - BlackRock's $500M BUIDL deployment attracted institutional inflows.
Which chain surprises you the most? Drop it in the comments. 👇