Ethereum holds 60% market share in stablecoins. Another $1.7 trillion is expected to come onchain in the next 3 years. Assuming a gradual market share decline for @ethereum (from 60% to 50%), the L1 would still see $850 billion in new stablecoin supply by 2028.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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