About 50% of the market capitalization of Tokenized Euro (a stablecoin pegged to the Euro) is being deployed on the Ethereum blockchain.
Data from Token Terminal shows that the remaining market cap of Tokenized Euro is distributed across various other blockchains, reflecting the multi-chain trend in the fiat-pegged cryptocurrency space.
MAIN CONTENT
Tokenized Euro has about 50% market capitalization on Ethereum.
The remaining part is spread across Arbitrum, Polygon, Base, Solana.
Multi-chain allocation is a prominent feature of Euro-pegged stablecoins.
Tokenized Euro market capitalization allocation by blockchain
According to Token Terminal, about 50% of the Tokenized Euro market capitalization is on Ethereum; the rest is deployed on Arbitrum, Polygon, Base, and Solana.
The figure of 50% indicates that Ethereum is the largest concentration for the deployment scale of Tokenized Euro in the cryptocurrency ecosystem. The remaining market capitalization is shared among multiple networks, instead of being concentrated entirely on a single blockchain.
The allocation to Arbitrum, Polygon, Base, and Solana shows that users and applications can access Tokenized Euro in various fee and speed environments. The data currently only states the proportion on Ethereum and lists the remaining chains, without providing detailed rates for each network.
Source: https://tintucbitcoin.com/du-lieu-50-stablecoin-euro-tren-ethereum/
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