Ethereum Stablecoin Usage Jumps 400% in 30 Days as Whales Buy the Dip — $5K ETH Next?
Stablecoin utilization on Ethereum has surged 400% in the final 30 days to achieve a brand new all-time high of $580.9 billion with a switch depend of over 12.5 million, in accordance with data from Token Terminal. Ethereum’s stablecoin market cap now exceeds $163 billion. On-chain information from Arkham Intelligence reveals that the majority of…
