Ethereum

Stablecoin supply is exploding on Ethereum. 

- $20b added over the last month (2x more than any other growth period)

- Tether dominating with $15b of supply added ($63b total on Ethereum, 62% of all stablecoin supply on the L1)

- USDC added $3b over the same period and has 27%… https://t.co/lpp3mF8Xst

Michael Nadeau | The DeFi Report

#Stables are going crazy 📈
https://x.com/JustDeauIt/status/1869815652011159718

Head of innovation. Building as @airdao_io council member & CEO PRPX.io, founder of INC_4 Expert in #blockchain development. AI enthusiast 🚀

"Interesting take on this topic. I hadn't considered it from that angle before."