Ethereum stablecoin supply sees 1.6 billion dollars net inflow in one day… record high
Minseung Kang
Summary
- Ethereum network-based stablecoin supply increased by more than 1.6 billion dollars in a single day, it reported.
- It reported that the 24-hour net inflow to the Ethereum network of stablecoins was 1.6 billion dollars.
- It said this 1.6 billion dollar net inflow is one of the largest on record.
The supply of stablecoins on the Ethereum (ETH) network increased by more than 1.6 billion dollars (about 2.22 trillion won) in a single day, marking the largest daily inflow on record.
On the 20th, crypto asset (cryptocurrency) media Cointelegraph reported on X (formerly Twitter) that "the amount of stablecoins net flowing into the Ethereum network over the past 24 hours was 1.6 billion dollars."
The outlet added, "This 1.6 billion dollar net inflow is among the largest on record."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
