Gate News message, March 30, River, the chain abstraction stablecoin system, announced that it is expanding to the Base network. Previously, it had been deployed on Ethereum and BNB Chain. River said that Base is the most liquid platform among Ethereum L2s and has the highest on-chain activity. Data shows that Base’s total value locked (TVL) in DeFi exceeds $4 billion, its stablecoin market cap is $4.7 billion, and its daily active addresses are nearly 500,000. Currently, most on-chain liquidity is concentrated on Base. This expansion means that all Base users can natively hold, use River, and build on it.
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