Ethereum’s Stablecoin Dominance Grows with $5B Weekly Inflow, Supply Hits $165B Record

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Ethereum’s stablecoin supply reached a record $165 billion after adding approximately $5 billion in new tokens over the past week at roughly $1 billion per weekday, despite on-chain revenue dropping 44% month-over-month to $14.1 million as the network evolves from fee-generating platform into decentralized finance infrastructure.

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