The growth potential of the Ethereum stablecoin market is considerable, with an additional supply of $850 billion expected before 2028.
According to reports by Wu, Token Terminal data shows that Ethereum currently holds about 60% of the global stablecoin market share, firmly maintaining its top L1 position in the stablecoin ecosystem.
Market predictions indicate that if $1.7 trillion worth of stablecoins are brought on-chain in the next three years, even if Ethereum's market share drops to 50%, as a core public chain, it is expected to see an additional stablecoin supply scale of about $850 billion before 2028.
