Ethereum and its L2s settled 77% of stablecoin volume, with $16.75 trillion in transfers

Your call?🐂 Bullish🐻 Bearish

$16.75T

stablecoin transfer volume

$ETH

$2,431

-0.4%

$USDT

$183.89B mcap

$USDC

$72.58B mcap

Ethereum's dominance in stablecoin transfers highlights the growing importance of layer-2 networks, emphasizing cost efficiency and scalability.