Ethereum may be home to stablecoins based on TVL. However, Ethereum ranks 7th in stablecoin tx count, which is how the chain actually monetizes the stablecoin issuance. Data courtesy of @Visa.
If stablecoins are the killer app, does a Stripe-native L1 break Ethereum’s “home of stables” narrative or expand the pie? @marcarjoon shares his thoughts on the topic👇
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