This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH has attracted 6.7 billion $ stablecoins in the past 7 days. That's more new money in a week than most chains have managed in many years.
The total stablecoin supply of Ethereum is currently around 145B+, accounting for more than half of the entire market.