In this article: The Bridge, Wrap and native stablecoins on the L2 platform hold over 10 billion tokens.
Ethereum is a net contributor to Arbitram, Optimism and other L2. The liquidity of
stable coins remains fragmented and there is no significant movement between L2 chains. The value of
BRIDGE or wrapped stablecoins now exceeds $10 billion, indicating the process of outflows from #BinanceBlockchainWeek . Both proprietary stablecoins and intermediate stablecoins have a significant impact on generating L2 liquidity and providing reserves for DeFi applications. According to
GrowThePie, the supply of stable coins in the L2 blockchain currently exceeds $10 billion. Increasing the number of stable coins in L2's core protocols has been a slow process due to the gradual overlap between core and retail holders. While L2 assets still represent a small portion of the total supply, they serve as a primary target for DeFi and DEX. #USDT and USDC are the most versatile and stable coins, while other assets such as Sky's Usds, USDe and USDSRUB may follow suit. In recent years, stable coin inflows have followed several trends. Massive L2 arbitrage and venture capital-backed optimism have attracted more stable coins than others. In 2000, #Arbitrum still led the way with a volume of 46 billion yen and stable coin inflows.
The main optimist network grew more smoothly and reached 1.32 billion. Linea promised too much, but the net inflow is still 47 million, indicating an outflow in recent weeks. The inflow of stable coins coincides with a shift in economic activity from Ethereum to L2. However, USDT is still the most active version of ethereum and TRON and is used for centralized exchanges and payments. However, L2 is widely used for high-throughput tasks such as DEX trading and DeFi lending. The number of protocols in the chain
L2 roughly corresponds to the availability of a stable coin.
Over the last 3 months, about 4498 million dollars were transferred from Ethereum.
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