Since January 2021, the supply of stablecoins on the ETH main network has increased more than fivefold, reaching $123 billion

Odaily Planet Daily News: According to an official article by DefiLlama on the X platform, in January 2021, the supply of stablecoins on the ETH main network was only $22 billion; Compared to that, the current number has grown to 123 billion US dollars. In addition, chart information shows that the price of ETH has dropped by nearly two-thirds compared to its peak in 2021.