From January 2021 to the present, the supply of stablecoins on the ETH main network has increased more than fivefold, reaching 123 billion US dollars
According to a post by DefiLlama on platform X, the supply of stablecoins on the ETH mainnet was only 22 billion USD in January 2021; compared to this, the number has now grown to 123 billion USD. In addition, chart information shows that the price of ETH has dropped nearly two-thirds from its high point in 2021.
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