Stablecoin Circulation Shifts Between Blockchain Networks

According to PANews, recent data from Lookonchain reveals significant changes in stablecoin circulation across major blockchain networks over the past week. The Tron network experienced an increase in stablecoin circulation, specifically USDT and USDC, totaling $2.12 billion. In contrast, the Ethereum network saw a decrease in the circulation of the same stablecoins, amounting to $2.44 billion. These shifts highlight the dynamic nature of stablecoin distribution across different blockchain platforms.