Stablecoin Circulation Shifts Network-Wide

Recent data from Lookonchain reveals a fluctuating landscape for stablecoin circulation across major blockchain networks over the past week. The Tron network saw a notable increase, with USDT and USDC circulating assets reaching $2.12 billion. Conversely, the Ethereum network experienced a decline in these stablecoin holdings, totaling $2.44 billion. This shift demonstrates the ever-changing dynamic of stablecoin distribution within different blockchain ecosystems.