The on-chain value of stablecoins on the Ethereum network has reached a historic high of 180 billion dollars

According to data from Token Terminal, the on-chain value of stablecoins on the Ethereum network has reached a historical high of $180 billion, accounting for 60% of the global stablecoin market share, with a 150% growth over the past three years. Token Terminal predicts that in the next four years, the total on-chain capital inflow will reach $1.7 trillion, and if Ethereum achieves a 470% growth, it is expected to see an additional $850 billion in capital inflow before 2030.

Currently, mainstream financial institutions such as BlackRock, JPMorgan, and Aberdeen Standard have launched tokenized funds on Ethereum, driving the total supply of stablecoins to a historical peak of $315 billion in the first quarter of this year. If EVM-compatible chains and layer two networks such as Arbitrum, ZKsync Era, and Base are included in the statistics, Ethereum's market share could exceed 65%.