The total market capitalization of dollar-pegged stablecoins on Robinhood Chain has recently surpassed $1 billion, according to The Block. According to ChainCatcher, USDG accounts for about 67% of the network’s stablecoin market, making it the largest stablecoin on-chain, while Ethena’s USDe represents nearly 30% of the total.
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Robinhood Chain Dollar-Pegged Stablecoin Market Cap Tops $1 Billion
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