🚨 BREAKING: The total stablecoin supply on @ethereum is at | Token Terminal on Binance Square

Trending Articles

Bookmarked and Liked

--

🚨 BREAKING: The total stablecoin supply on @ethereum is at an all-time high of $135.4 billion.
Some of the biggest contributors to Ethereum's stablecoin economy are:
Tether, Circle, Sky, Ethena, First Digital, PayPal, Ripple, Aave, Global Dollar Network, and more.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ETH

2,521.81

-2.23%

USDC

0.9997

+0.01%

13

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@TokenTerminal

Explore More From Creator

⛓️🌐 What is meant by a blockchain's GDP? ▪️ The GDP metric measures the USD value of what end users pay in Fees to interact with a chain’s applications in a given period of time. The GDP metric excludes gas fees paid to the underlying chain. ▪️ An onchain transaction by an application’s end user is classified as a Fee whenever the application is entitled to apply a take rate (0-100%) on it. The GDP metric takes into account the total Fee paid by the end user. ▪️ Example: a borrower on Aave pays $100 in interest on their loan; the Fee equals $100. ▪️ The GDP metric is intentionally based on Fees, and not Revenue, so that the end user payments of widely used applications that have a 0% take rate, such as Uniswap & Morpho, are taken into account.

--

Stablecoins amount to 1.1% of the US dollar supply. Many stablecoin startups will contribute to this ratio getting closer to 100%.

--

🔁📈 Daily trading volume on @AxiomExchange is up by ~200% over the past week.

--

ICYMI: @Ripple's RLUSD on @ethereum surpassed $400m in supply.

--

ICYMI: In addition to Arbitrum One, @RobinhoodApp is also building directly on the @ethereum L1 via USDG.

--

Latest News

El Salvador Increases Bitcoin Holdings by Eight Coins

--

Fragbite Group Secures Funding for Bitcoin Treasury

--

Trump Confirms Signing of Trade Letters to Partners

--

Bitcoin Treasury Capital to List on Swedish Spotlight Stock Market

--

Bitcoin Treasury Strategy Faces Longevity Challenges Amid Market Dynamics

--

Cookie Preferences

Cookie Preferences