Ethereum 
$0.000075 The stablecoin supply on it broke a new record and rose to $ 166 billion. The increase in the stablecoin supply enabled the network to stand out as a basic settlement infrastructure in the centralized finance (defi) ecosystem. Especially USDT And USDCWith the contribution of the liquidity depth strengthened.
Record increase in stablecoin supply in Ethereum
The Block Total in Ethereum according to data stablecoin The supply increased from $ 149.5 billion to $ 166 billion a month ago. The biggest share of 87.8 billion dollars with a supply Tetherwhile undertaking the USDT, USD CoinUSDC ranks second with a supply of 48 billion dollars.
The increase in the stablecoin supply allows the assets traded in defi protocols to be traded safer and faster. This is also the network Crypto Money MarketIt reveals that it has become a preferred platform for dollar -based financial transactions. The increase is considered as a sign that corporate funds are directed to Ethereum -based products.
The fact that the supply is at a record level reveals that Ethereum is just beyond being a smart contract network and established a stronger connection with its global financial structures.
USDT’s market value exceeded $ 170 billion
In parallel with the growth on Ethereum, the total market value of the USDT has passed a new threshold. CoinMarketcapAccording to data, USDT’s market value reached $ 170.3 billion as of the new week. This level is not only Ethereum, but general stablecoin marketalso shows that he reinforces his leadership.
The USDT, which has increased market value, supports most of the process flow in the defi ecosystem. Preferred in high -volume transfers allows the daily processing volume of the Ethereum network to grow stable.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
