Stablecoins supply on Ethereum surges to all-time high over $132.4 billion

On-chain data has indicated a surge in Etehreum’s stablecoin supply to a new all-time high of $132. 4 billion, with USDT and USDC accounting for a huge percentage of the total supply on the blockchain. As of March 24, the USDT supply on Ethereum hit over $75 billion, while the USDC supply stood at a little over $39 billion. USDe, USDS, DAI, FDUSD, and PYUSD accounted for $5 source: https://www.cryptopolitan.com/stablecoins-supply-on-ethereum/