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Ethena Holds About $100 Million of Robinhood Chain’s USDG, Tom Wan Says

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2026-07-07 10:42:18
Tom Wan said Ethena holds nearly half of Robinhood Chain’s USDG supply. According to NS3.AI, Wan stated that Ethena holds $50 million in USDG on the chain and an additional $50 million in a joint Ethena and Steakhouse USDG vault.

Entropy Advisors chart data put Robinhood Chain’s total stablecoin market capitalization at about $239.04 million as of July 7.
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