SharpLink posted that stablecoins are one of the biggest financial revolutions and the clearest use case for blockchain. US Treasury Secretary Scott Bessant believes that by 2030, the supply of stablecoins will skyrocket from the current $250 billion to a market cap of $3.70 trillion.
More than half of the supply currently exists on Ethereum. A growing stablecoin base = more demand for the Ethereum block space. This is good news for Ethereum, which is bullish for ETH.
SharpLink: More than half of the stablecoin supply exists on Ethereum, which is bullish for ETH
2025-08-28 12:15:59
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