{
Matthias Seidl

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stablecoins on ethereum layer two reach record 13.5 billion milestone
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.
Brave New Coin
Tether USDt CNY Tommy Robinson Matthias Seidl Vitalik Buterin Show more
Crypto, Market Report
09:30 21.12.2024
ethereum layer two networks secure 13.5 billion in stablecoins
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.
Coinchapter
Tether USDt EUR USD Coin JPY Matthias Seidl Show more
Finance & Economy, Market Report
19:54 20.12.2024
Ethereum Layer-2 platforms see record stablecoin growth reaching 13.5 billion dollars
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.
Coinspeaker
Tether USDt EUR Matthias Seidl Vitalik Buterin
Finance & Economy, Market Report
17:46 20.12.2024
Ethereum Layer 2 networks achieve record stablecoin supply of 13.5 billion
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.
Cryptonews
United States Dollar Euro Coinbase Global, Inc. Jimmy Aki Matthias Seidl Arthur Azizov Show more
Finance & Economy, Market Report
15:49 20.12.2024
Ethereum layer 2 stablecoin supply reaches new all-time high of 13.5 billion
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.
Cointelegraph
United States Dollar Ryan Rasmussen Arthur Azizov Matthias Seidl Matt Hougan Show more
Finance & Economy, Market Report
10:43 20.12.2024
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