Ethereum added $116.1 million in stablecoin market cap in 24 hours, bringing its total to approximately $162 billion, representing 54.5% of the global stablecoin market estimated at $297.8 billion. The network significantly leads Tron with $93.2 billion and Solana with $14.6 billion. Over three years, Ethereum has added approximately $102.4 billion in stablecoin supply. Tether’s USDT holds 49.71% dominance on Ethereum, and Layer-2 networks like Arbitrum, Optimism, and Base also contribute to this expansion.
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