The total market value of Mantle's stablecoin ecosystem rose by 22.85% on the 7th to US$653.51 million.

PANews reported on August 5th that Lookonchain monitoring showed a significant increase in capital inflows into Mantle over the past seven days, with the total market capitalization of its stablecoin rising 22.85% to $653.51 million. Furthermore, Mantle has been added to the strategic ETH reserve, contributing 101,867 ETH (approximately $388 million). Meanwhile, the price of the Mantle token (MNT) rose nearly 25% today.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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