The supply of stablecoins on the Ethereum network has surpassed $160 billion, reaching a new all-time high.
According to Jinse Finance, data from Token Terminal shows that the supply of stablecoins on the Ethereum network has surpassed $160 billion, reaching a new all-time high. Compared to January 2024, the stablecoin supply has more than doubled.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft (MSFT.US) Azure reportedly seeks a 20% cost reduction: intensifying AI costs and talent competition, with simultaneous restructuring of cloud leadership
According to reports, Microsoft (MSFT.US) Azure President Girish Bablani has asked senior leaders in his department to look for ways to reduce costs by at least 20%.

Oil and gas equipment manufacturer VME Companies (VME.US) sets IPO price at $4-$5 per share, plans to raise $18 million
VME Companies, a supplier of offshore oil and gas facility process modules and separation equipment, announced the terms of its IPO on Tuesday.

Wall Street veteran who warned of previous financial crises sounds the bubble alarm: US stock valuations, leverage, and positions are at their most extreme levels in 40 years of industry experience.
David Rosenberg has warned that this is the most tense market in his 40-year career.

Japanese stocks closed down 0.05%, marking five consecutive losses.

