Ethereum added about $ 5 billion in Nowe Stablecoin over the past week, pushing the total supply of Stablecouins on the net to the highest level.
The supply of Stablecoin in Ethereum has more than doubled since January 2024 and reached the highest level of 165 billion dollars, terminal token Reported on Sunday.
The numbers differ slightly depending on the data provider, such as rwa.xyz Reports A total of $ 158.5 billion in Stablecouins based in Ethereum, which is also the highest all time, which gives networks commanding a market share in the market 57%.
Ethereum is a network of choice for Stablecouins. His next closest competitor, the throne, has a 27%market share, while Solana in third place is less than 4%.
Tokenized gold on the tides of Ethereum
Stablecouins are not the only toxhenized financial instruments on Ethereum, because the network also recorded the highest time in terms of the amount of tokenized gold.
According to the terminal token, according to the token terminal, there are currently around $ 2.4 billion dollars of tokenized gold.
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Tokenized Gold Supply has doubled throughout the year and is currently at the highest level, IT Reported on Saturday.
RWA.zyx informs that Ethereum has 77% market dominance for toxled goods, and even a higher 97% share when a multi -layer multi -coat is included.
Ethereum also has over 70% share in the tokenized American Treasurys market, which is the second largest asset that goes to blockchain behind a private loan.
The advantage of the toketenization of Rwa Ethereum
This narrative of RWA toketenization caused the prices of ether (ETH) over 200% from April to the highest level in history below USD 5,000 August 24.
It has also been strengthened by rapid accumulation of ether by tax corporations, which increased almost 4% of all supply in just five months.
Ethereum Educator Anthony Sassano he said At the weekend, this is due to “reliable neutrality”, which is fundamental to Ethereum.
“The only way in which mass technology was massive is real, reliably neutral and devoid of permits of systems that are not the property of anyone and are not associated with any individual entity.”
Novel tokenized funds at Ethereum
Global financial institutions are also racing to toxmentize their products, and many choose Ethereum.
“Fidelity, the third largest asset manager in the world, has launched the tokenized American Fund Treasurys on Ethereum” he said Sassano on Monday.
It seems that Fidelity Digital Interest token (FDIT) has launched Onchain on September 1, and currently has USD 203.6 million in total assets, According to to rwa.xz.
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