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Ethereum holds 54.1% of $300.3B stablecoin supply across 47 chains

Ethereum's stablecoin dominance faces challenges as Tron's rising transfer volume and supply gains could shift market dynamics if trends persist. The post Ethereum holds 54.1% of $300.3B stablecoin supply across 47 chains appeared first on Crypto Briefing.

Ethereum holds 54.1% of $300.3B stablecoin supply across 47 chains
Crypto Briefing
AI summary

Ethereum hosts 54.1% of the $300.3 billion stablecoin supply spread across 47 chains, according to Crypto Briefing. The report notes Tron's rising transfer volume and supply gains could shift these dynamics if current trends persist. For traders, the data underscores Ethereum's continued role as the dominant settlement layer for stablecoins, while flagging Tron as a growing competitor for stablecoin flow.

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