The amount of stablecoins locked in Ethereum layer-2 networks has reached a new peak, indicating the increasing demand for cryptocurrencies. Tether (USDT), USD Coin (USDC), and Ethena’s stablecoin USDe dominate the stablecoin supply on all blockchains. As of December 20, there are $13.5 billion worth of stablecoins on the Ethereum blockchain. The total stablecoin market value has exceeded $205 billion, showing the importance of the ecosystem in real-world use cases. Do you think this rise of stablecoins will continue? We are waiting for your comments.