Stablecoin Market Surges to $300B as Ethereum and Solana Drive Expansion Beyond Trading

CryptoStatCoins

Bullish

Stablecoin Market Surges to $300B as Ethereum and Solana Drive Expansion Beyond Trading

The stablecoin sector has experienced remarkable growth over the past year, with total supply increasing by 72% to approach $300 billion, as reported by analytics platform Artemis. This expansion has been primarily driven by Ethereum and Solana networks, with the recent Plasma launch representing a significant milestone. Over $6 billion in value has been added to the ecosystem as new platforms continue to push stablecoin utility beyond traditional trading applications.
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