The Ethereum network has seen a significant surge in its stablecoin supply, reaching an all-time high of $180 billion. According to data from Token Terminal, this represents a 150% growth over the past three years and accounts for 60% of the total stablecoin market share.
This dominance in the stablecoin sector has led Token Terminal to project $1.7 trillion in stablecoin inflows to blockchain networks by 2030. Assuming Ethereum's market share gradually declines from 60% to 50%, the network could capture approximately $850 billion in new stablecoin flows by 2030.