Ethereum network stablecoin on-chain value reached a record high of $180 billion, accounting for 60% of the global market share

ETH3,42%
ARB1,21%
ZK2,26%

Gate News message, April 8, according to Token Terminal data, the on-chain value of stablecoins on the Ethereum network has reached a record high of $180 billion, accounting for 60% of the global stablecoin market share. Over the past three years, it has grown 150%. Token Terminal predicts that in the next four years, total net inflows to the whole network on-chain will reach $1.7 trillion. If Ethereum achieves 470% growth, it could add $850 billion in net inflows before 2030. Currently, major financial institutions such as BlackRock, JPMorgan, and Aberdeen Standard have already launched tokenized funds on Ethereum, driving the total stablecoin supply to hit a historical peak of $315 billion in this year’s first quarter. If EVM-compatible chains and Layer 2 networks such as Arbitrum, ZKsync Era, and Base are included in the figures, Ethereum’s market share could exceed 65%.

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