Robinhood Chain Stablecoin Supply Rises 155% in Seven Days to $246.97 Million

Robinhood Chain’s stablecoin supply increased 155% over the past seven days to $246.97 million, while the network’s total value locked rose 172% over the same period. According to ChainCatcher, stablecoins now account for 93% of the chain’s $266.35 million in total value secured. The data also shows that of the $266.35 million in assets currently on Robinhood Chain, about $212.5 million are natively issued assets. Another $53.85 million in assets were bridged into the network over the past week.