Ethereum and its L2s settled 77% of stablecoin volume, with $16.75 trillion in transfers
Ethereum's dominance in stablecoin transfers highlights the growing importance of layer-2 networks, emphasizing cost efficiency and scalability. The post Ethereum and its L2s settled 77% of stablecoin volume, with $16.75 trillion in transfers appeared first on Crypto Briefing.
AI summary
Ethereum and its layer-2 networks settled 77% of all stablecoin transfer volume, processing $16.75 trillion in transfers. The data underscores Ethereum's continued dominance in stablecoin activity and the growing role of L2s in providing cheaper, more scalable transactions. Traders may view this as a positive signal for ETH's network value and the broader L2 ecosystem, though the figure is a backward-looking metric rather than a fresh catalyst.
