{
}
Stablecoins on Ethereum's layer-2 networks have reached a significant milestone of $13.5 billion, driven by their increasing adoption and practical applications. Tether (USDT) leads the market with a capitalization of $140.88 billion, while the Dencun upgrade has enhanced transaction efficiency, resulting in a surge of daily transactions across various layer-2 solutions. Despite some networks experiencing declines, the overall growth of layer-2 ecosystems is reshaping Ethereum's future, highlighting the pivotal role of stablecoins in decentralized finance.
Ethereum layer-2 networks now hold $13.5 billion in stablecoins, reflecting a growing demand within the cryptocurrency ecosystem. Arbitrum One leads with $6.75 billion, followed by Base at $3.56 billion, as the stablecoin market capitalization surpasses $200 billion, driven by Tether (USDT) and USD Coin (USDC). The introduction of MiCA regulations in the EU may further boost stablecoin adoption, enhancing their role in payments and decentralized finance.
Ethereum Layer-2 platforms have reached a record $13.5 billion in locked stablecoins, with Arbitrum leading at $6.75 billion. Tether's market cap surged to over $140 billion, while the Dencun upgrade has significantly increased Layer-2 transaction volumes, highlighting the growing importance of stablecoins in the crypto ecosystem.
Ethereum Layer 2 networks have reached a historic milestone with stablecoin holdings soaring to $13.5 billion, driven by increasing adoption of digital assets and decentralized finance. Tether (USDT) and USD Coin (USDC) lead this growth, contributing to a global stablecoin market cap exceeding $202 billion. Predictions for 2025 suggest further acceleration in stablecoin adoption, bolstered by favorable regulatory developments and significant inflows into centralized exchanges.
Ethereum layer 2 networks have reached a record $13.5 billion in stablecoin supply, reflecting increasing demand in the cryptocurrency market. Tether (USDT) and USD Coin (USDC) lead the stablecoin market, which has surpassed $205 billion in total circulation. Analysts predict continued growth for stablecoins, particularly with upcoming regulatory developments in the EU and the US.
Matthias Seidl
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
stablecoins on ethereum layer two reach record 13.5 billion milestone
09:30 21.12.2024
ethereum layer two networks secure 13.5 billion in stablecoins
19:54 20.12.2024
Ethereum Layer-2 platforms see record stablecoin growth reaching 13.5 billion dollars
17:46 20.12.2024
Ethereum Layer 2 networks achieve record stablecoin supply of 13.5 billion
15:49 20.12.2024
Ethereum layer 2 stablecoin supply reaches new all-time high of 13.5 billion
10:43 20.12.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Government Economic Policies
Fintech Startups
Industry Mergers & Acquisitions
Private Equity Deals
Venture Capital Investments
CEO Changes
AI Applications
Funding Rounds & Investments
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Inflation and Monetary Impact
AI Innovations
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
Tesmec S.p.A.
OpenAI ERC USD
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Japanese Yen
Euro
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Saudi Riyal
Brazilian Real
Qatari Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
Swiss Franc
New Zealand Dollar
People: