Record Growth: Ethereum’s Layer 2 Networks Surge with Over $13.5 Billion in Stablecoins
San Francisco, CA — The digital currency landscape is witnessing a surge in the use of stablecoins, particularly on Ethereum’s secondary networks, signaling a significant shift in the adoption and utility of these stable digital assets. Recent data shows that Ethereum’s layer 2 networks are now managing more than $13.5 billion in stablecoins, marking a milestone in the cryptocurrency sector. Stablecoins, digital currencies tethered to stable assets like the US dollar, are increasingly favored for …