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Stablecoin Supply on Ethereum Hits Record $172.2 Billion

Published by
Sohrab Khawas

Ethereum’s stablecoin supply has reached a new milestone of $172.2 billion, driven by increased minting from major issuers like USDC and USDT. This record highlights Ethereum’s growing dominance in the stablecoin market, supporting more trading, lending, and DeFi activities on its network. Strong regulatory clarity and rising institutional interest have further propelled this growth, cementing Ethereum’s role as a central hub in the evolving crypto economy and a key driver of digital finance innovation.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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