The supply of stablecoins on the Ethereum blockchain has surpassed $140 billion, nearly doubling since January 2024. This milestone marks an all-time high for stablecoin issuance on Ethereum, underscoring the network's role as a leading platform for digital dollar infrastructure and on-chain liquidity. Analysts project that this supply could expand to several trillions of dollars in the coming years, further solidifying Ethereum's dominance in the stablecoin market. Additionally, Ethereum treasuries held across 64 entities have collectively exceeded $10 billion, reflecting growing institutional and organizational holdings of Ether.
JUST IN: $ETH TREASURIES SURPASS $10B ACROSS 64 ENTITIES Source: @TheBlock__ https://t.co/QY3zfaba6o https://t.co/6CQ2gTTDsX
[THE BLOCK] ETH treasuries surpass $10 billion across 64 entities, data shows $ETH
🚨JUST IN: ETHER $ETH TREASURIES HAVE CROSSED $10B, SER DATA SHOWS