The next big thing in DeFi is brewing. A scalable L2 solution is dominating the stablecoin market, holding a staggering $4.4 billion in total stablecoins and $1.7 billion in USDC alone. Its bridge now accounts for a significant chunk of the total stablecoin supply and USDC on the chain, making it a game-changer in the world of decentralized finance.

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This L2 solution's dominance is a testament to its scalability and reliability, setting a new standard for DeFi infrastructure. Its impact on the stablecoin market is undeniable.