Data: The supply of stablecoins on the Ethereum network has reached $180 billion, a record high.

PANews reported on April 8th that, according to Cointelegraph, data from blockchain data analytics firm Token Terminal shows that the on-chain value of stablecoins on the Ethereum network has reached a record high of $180 billion. Ethereum accounts for 60% of the stablecoin market share, and its on-chain value has grown by 150% over the past three years. Token Terminal predicts that approximately $1.7 trillion in funds will be on-chain across all networks in the next four years, and if Ethereum grows by 470% during this period, it could see a "new inflow of funds" of $850 billion by 2030.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
OKX Wallet will host a "Web3 Night" event in Hong Kong to explore new trends in AI and Web3.
PANews Newsflash