Based on Coinomedia, Monad has overtaken Ethereum in 24-hour stablecoin supply changes, with a net movement of $3.8 billion. This marks a significant shift in liquidity, as Ethereum traditionally led in this metric. The surge in stablecoin activity on Monad may be driven by its high throughput, low fees, and growing DeFi ecosystem. The shift suggests a potential redistribution of on-chain liquidity and user attention, with implications for Ethereum's competitiveness in the broader blockchain space.
Monad Surpasses Ethereum in 24-Hour Stablecoin Supply with $3.8B Shift
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