PANews reported on May 22 that according to a Coinbase research report, among high-throughput blockchains, the growth rate of stablecoin supply on Ethereum Layer 2 has surpassed that of Solana. At the beginning of 2024, Arbitrum's stablecoin supply exceeded that of Solana, currently standing at $3.6 billion and $3.2 billion respectively, while Base's stablecoin supply has increased from $160 million to $2.4 billion this year.

Coinbase: The Growth Rate of Stablecoin Supply on Ethereum L2 Still Outpaces Solana image 0