🔥 During the first months of 2024 on blockchain chains with high transaction throughput, the circulating stablecoin supply on layer 2 solutions of #Ethereum grew faster than #Solana

One prominent case is #Arbitrum , which overtook Solana in stablecoin supply in early 2024 (currently at $3.6 billion vs. $3.2 billion, respectively), while a layer 2 platform Another Ethereum player, Base, also recorded impressive growth from $160 million to $2.4 billion in stablecoin supply since the beginning of the year.

This shows us that the amount of stabecoin is increasing rapidly to meet the increasing demand of the market and it seems that the uptrend period is coming very close!