Ethereum was home to nearly 70 percent of all stablecoins as of January

2020 was a breakout year for the stablecoin ecosystem. As illustrated in The Block Research’s new stablecoin report — “Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” — the total supply of stablecoins grew nearly ten-fold between January 2020 and January 2021. Monthly transaction volumes also swelled, growing from approximately $23.5 billion […]The post Ethereum was home to nearly 70 percent of all stablecoins as of January appeared first on The Block.