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From January 2021 to the present, the supply of stablecoins on the ETH main network has increased more than fivefold, reaching 123 billion US dollars

From January 2021 to the present, the supply of stablecoins on the ETH main network has increased more than fivefold, reaching 123 billion US dollars

Bitget2025/04/11 08:16
ETH-0.03%USDC+0.01%

According to a post by DefiLlama on platform X, the supply of stablecoins on the ETH mainnet was only 22 billion USD in January 2021; compared to this, the number has now grown to 123 billion USD. In addition, chart information shows that the price of ETH has dropped nearly two-thirds from its high point in 2021.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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