Robinhood Chain's stablecoin market value exceeds 1 billion USD, with USDG accounting for nearly 70%

According to The Block, the total market capitalization of the dollar-pegged stablecoins on Robinhood Chain recently surpassed 1 billion dollars. Currently, USDG accounts for about 67% of the total size, making it the largest stablecoin on the chain; the market capitalization of USDe issued by Ethena is close to 30%.